Esports Entertainment Group (NASDAQ:GMBL) Shares Up 27.1% – What’s Next?

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report)’s stock price shot up 27.1% on Thursday . The stock traded as high as $0.48 and last traded at $0.43. 25,900 shares were traded during trading, a decline of 73% from the average session volume of 96,115 shares. The stock had previously closed at $0.34.

Esports Entertainment Group Stock Performance

The company has a 50 day simple moving average of $0.38 and a two-hundred day simple moving average of $0.52.

Esports Entertainment Group Company Profile

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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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