Esports Entertainment Group (NASDAQ:GMBL) Trading 46.8% Higher – Still a Buy?

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report) traded up 46.8% during mid-day trading on Monday . The company traded as high as $0.50 and last traded at $0.50. 1,238 shares were traded during trading, a decline of 69% from the average session volume of 4,022 shares. The stock had previously closed at $0.34.

Esports Entertainment Group Stock Up 46.8%

The company has a market capitalization of $155,500.00, a price-to-earnings ratio of 0.00 and a beta of 1.29. The business’s 50-day moving average is $0.35 and its 200-day moving average is $0.32.

About Esports Entertainment Group

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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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