Galaxy Gaming Inc. (OTCMKTS:GLXZ – Get Free Report)’s share price crossed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $1.75 and traded as high as $1.78. Galaxy Gaming shares last traded at $1.75, with a volume of 13,029 shares.
Galaxy Gaming Trading Up 2.9%
The firm’s 50-day moving average price is $1.75 and its 200 day moving average price is $2.00. The company has a market capitalization of $44.36 million, a price-to-earnings ratio of 9.21 and a beta of 0.42.
About Galaxy Gaming
Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.
The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.
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