Galaxy Gaming (OTCMKTS:GLXZ) Share Price Crosses Above Two Hundred Day Moving Average – What’s Next?

Galaxy Gaming, Inc. (OTCMKTS:GLXZ)’s share price passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $2.78 and traded as high as $2.92. Galaxy Gaming shares last traded at $2.89, with a volume of 13,380 shares changing hands.

Galaxy Gaming Price Performance

The stock has a market capitalization of $72.58 million, a price-to-earnings ratio of -28.90 and a beta of 1.31. The company’s 50-day simple moving average is $2.79 and its 200-day simple moving average is $2.78.

Galaxy Gaming Company Profile

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.