Esports Entertainment Group (NASDAQ:GMBL) Stock Price Down 0.2% – Here’s What Happened

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report) shares dropped 0.2% during mid-day trading on Friday . The company traded as low as $0.2295 and last traded at $0.2295. Approximately 1,014 shares changed hands during mid-day trading, a decline of 64% from the average daily volume of 2,846 shares. The stock had previously closed at $0.23.

Esports Entertainment Group Price Performance

The company has a market capitalization of $263,007.00, a P/E ratio of 0.00 and a beta of 1.32. The firm’s 50-day moving average is $0.26 and its 200-day moving average is $0.32.

About Esports Entertainment Group

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Esports Entertainment Group is a publicly traded company (NASDAQ:GMBL) focused on the fast-growing intersection of competitive gaming and online wagering. Founded in 2017, the company provides regulated esports and sports betting services through its proprietary technology platform. It has positioned itself as one of the first operators to offer licensed, jurisdiction-compliant esports betting in key markets.

The company’s core offerings include an online wagering platform that supports real-time odds on popular esports tournaments as well as traditional sports events and casino-style games.

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