The stock of Golden Matrix Group Inc (NASDAQ:GMGI) last traded at $1.84, down -0.54% from the previous session.
GMGI stock price is now -8.48% away from the 50-day moving average and -31.36% away from the 200-day moving average. The market capitalization of the company currently stands at $237.18M.
In other news, Milovanovic Aleksandar, Member of 10% Reporting Group bought 200,000 shares of the company’s stock on Feb 12 ’25. The stock was bought for $370,000 at an average price of $1.85. Upon completion of the transaction, the Member of 10% Reporting Group now directly owns 78,214,616 shares in the company, valued at $143.91 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 13 ’25, Member of 10% Reporting Group Milovanovic Aleksandar bought 100,000 shares of the business’s stock. A total of $185,000 was incurred on buying the stock at an average price of $1.85. This leaves the insider owning 78,314,616 shares of the company worth $144.1 million. A total of 85.49% of the company’s stock is owned by insiders.
During the past 12 months, Golden Matrix Group Inc has had a low of $1.70 and a high of $6.27. As of last week, the company has a debt-to-equity ratio of 0.42, a current ratio of 0.82, and a quick ratio of 0.75. The fifty day moving average price for GMGI is $2.0104 and a two-hundred day moving average price translates $2.680725 for the stock.
The latest earnings results from Golden Matrix Group Inc (NASDAQ: GMGI) was released for 2024-09-30. The net profit margin was -2.40% and return on equity was -3.99% for GMGI.
