Shares of Esports Entertainment Group, Inc. (NASDAQ:GMBL – Get Free Report) dropped 29.4% during trading on Thursday . The stock traded as low as $0.26 and last traded at $0.27. Approximately 6,491 shares traded hands during mid-day trading, an increase of 56% from the average daily volume of 4,166 shares. The stock had previously closed at $0.38.
Esports Entertainment Group Trading Down 29.4%
The firm’s fifty day simple moving average is $0.34 and its 200 day simple moving average is $0.29.
Esports Entertainment Group Company Profile
Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.
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