Insider Buying: Galaxy Gaming Inc (OTCMKTS:GLXZ) Director Purchases 14,100 Shares of Stock

Galaxy Gaming Inc (OTCMKTS:GLXZ) Director Michael Gavin Isaacs bought 14,100 shares of Galaxy Gaming stock in a transaction dated Wednesday, December 11th. The shares were bought at an average cost of $1.85 per share, with a total value of $26,085.00.

Michael Gavin Isaacs also recently made the following trade(s):

  • On Friday, December 6th, Michael Gavin Isaacs bought 15,000 shares of Galaxy Gaming stock. The shares were bought at an average cost of $1.77 per share, with a total value of $26,550.00.
  • On Tuesday, December 3rd, Michael Gavin Isaacs bought 20,900 shares of Galaxy Gaming stock. The shares were bought at an average cost of $1.85 per share, with a total value of $38,665.00.

GLXZ stock traded up $0.03 during mid-day trading on Friday, hitting $1.85. The stock had a trading volume of 19,025 shares, compared to its average volume of 75,179. The company has a current ratio of 2.62, a quick ratio of 2.48 and a debt-to-equity ratio of 1.02. Galaxy Gaming Inc has a 1-year low of $1.30 and a 1-year high of $2.25. The company has a fifty day moving average of $1.99 and a 200 day moving average of $1.79. The stock has a market capitalization of $33.13 million, a price-to-earnings ratio of 20.22 and a beta of 0.57.

Separately, ValuEngine raised Galaxy Gaming from a “sell” rating to a “hold” rating in a report on Saturday, December 7th.

Galaxy Gaming Company Profile

Galaxy Gaming, Inc, a gaming company, designs, develops, manufactures, markets, acquires, and licenses proprietary casino table games and associated technology, platforms, and systems for the gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering schemes added to public domain games, such as poker, baccarat, pai gow poker, craps, and blackjack table games; and premium games, which are stand-alone games with their own unique set of rules and strategies.

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