Galaxy Gaming (OTCMKTS:GLXZ) Stock Price Passes Below 200 Day Moving Average – Here’s What Happened

Galaxy Gaming Inc. (OTCMKTS:GLXZ) shares passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $2.49 and traded as low as $1.7650. Galaxy Gaming shares last traded at $1.8250, with a volume of 63,683 shares changing hands.

Galaxy Gaming Stock Up 1.4%

The company’s fifty day moving average price is $1.95 and its two-hundred day moving average price is $2.49. The company has a market cap of $46.26 million, a price-to-earnings ratio of 30.42 and a beta of 0.47.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its quarterly earnings data on Friday, March 27th. The company reported $0.06 EPS for the quarter. The business had revenue of $8.24 million for the quarter. Galaxy Gaming had a net margin of 4.81% and a negative return on equity of 7.31%.

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.