Esports Entertainment Group (NASDAQ:GMBL) Trading 27.1% Higher – Here’s Why

by · The Markets Daily

Esports Entertainment Group, Inc. (NASDAQ:GMBL – Get Free Report)’s share price traded up 27.1% during mid-day trading on Thursday . The company traded as high as $0.48 and last traded at $0.43. 25,900 shares changed hands 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 Price Performance

The company’s fifty day simple moving average is $0.38 and its 200 day simple moving average is $0.51.

About Esports Entertainment Group

(Get Free Report)

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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