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 trading hands.
Galaxy Gaming Stock Up 2.9%
The firm has a market capitalization of $44.36 million, a P/E ratio of 9.21 and a beta of 0.42. The company’s 50 day moving average is $1.75 and its 200-day moving average is $2.00.
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.
Read More
- Five stocks we like better than Galaxy Gaming
- Why Johnson & Johnson’s Earnings Dip Looks Like a Buying Opportunity
- CPI Comes In Cool: Why It Could Revive These 3 Rate-Sensitive Stocks
- Why ASML’s AI Monopoly Is Still Getting Stronger
- Apple’s AI Toll Booth Thesis Faces Its Biggest Test Yet Before Earnings
Receive News & Ratings for Galaxy Gaming Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Galaxy Gaming and related companies with MarketBeat.com's FREE daily email newsletter.
