Weiting Feng Sells 15,727 Shares of Golden Matrix Group, Inc. (NASDAQ:GMGI) Stock

Golden Matrix Group, Inc. (NASDAQ:GMGI) COO Weiting Feng sold 15,727 shares of the stock in a transaction dated Wednesday, April 24th. The stock was sold at an average price of $4.00, for a total value of $62,908.00. Following the transaction, the chief operating officer now owns 2,837,688 shares of the company’s stock, valued at approximately $11,350,752. The transaction was disclosed in a filing with the SEC, which is available at this link.

Golden Matrix Group Price Performance

Shares of NASDAQ GMGI opened at $3.79 on Thursday. The stock has a market capitalization of $138.77 million, a price-to-earnings ratio of -189.50 and a beta of 0.53. The business has a 50-day moving average of $3.06 and a 200-day moving average of $2.72. Golden Matrix Group, Inc. has a fifty-two week low of $1.95 and a fifty-two week high of $4.19.

Golden Matrix Group Company Profile

Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.