Esports Entertainment Group (NASDAQ:GMBL) Stock Price Up 14.6% – Should You Buy?

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report)’s stock price rose 14.6% during mid-day trading on Wednesday . The stock traded as high as $0.2865 and last traded at $0.2865. Approximately 402 shares traded hands during trading, a decline of 74% from the average daily volume of 1,526 shares. The stock had previously closed at $0.25.

Esports Entertainment Group Price Performance

The firm has a market cap of $88,815.00, a P/E ratio of 0.00 and a beta of 1.26. The company has a fifty day moving average of $0.29 and a 200-day moving average of $0.33.

About Esports Entertainment Group

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Esports Entertainment Group is a publicly traded company (NASDAQ:GMBL) focused on the fast-growing intersection of competitive gaming and online wagering. Founded in 2017, the company provides regulated esports and sports betting services through its proprietary technology platform. It has positioned itself as one of the first operators to offer licensed, jurisdiction-compliant esports betting in key markets.

The company’s core offerings include an online wagering platform that supports real-time odds on popular esports tournaments as well as traditional sports events and casino-style games.

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