Galaxy Gaming (OTCMKTS:GLXZ) Stock Passes Below 200 Day Moving Average of $1.60

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) crossed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $1.60 and traded as low as $1.40. Galaxy Gaming shares last traded at $1.49, with a volume of 3,646 shares changing hands.

Galaxy Gaming Stock Performance

The company’s fifty day moving average price is $1.46 and its 200 day moving average price is $1.60. The firm has a market capitalization of $37.12 million, a price-to-earnings ratio of -21.28 and a beta of 1.22.

Galaxy Gaming (OTCMKTS:GLXZ) last posted its quarterly earnings results on Friday, May 10th. The company reported $0.01 EPS for the quarter. The business had revenue of $8.00 million during the quarter.

About Galaxy Gaming

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.