Galaxy Gaming (OTCMKTS:GLXZ) Share Price Passes Above 200 Day Moving Average – Should You Sell?

Galaxy Gaming, Inc. (OTCMKTS:GLXZ)’s stock price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.80 and traded as high as $2.81. Galaxy Gaming shares last traded at $2.81, with a volume of 17,494 shares trading hands.

Galaxy Gaming Stock Up 0.4%

The business has a 50-day simple moving average of $2.81 and a two-hundred day simple moving average of $2.80. The stock has a market capitalization of $70.96 million, a P/E ratio of -28.10 and a beta of 1.06.

Galaxy Gaming (OTCMKTS:GLXZ) last announced its quarterly earnings results on Friday, March 21st. The company reported ($0.03) earnings per share for the quarter. The business had revenue of $7.57 million during the quarter.

About Galaxy Gaming

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.