Galaxy Gaming Inc. (OTCMKTS:GLXZ – Get Free Report) saw a large growth in short interest in April. As of April 30th, there was short interest totaling 14,465 shares, a growth of 512.1% from the April 15th total of 2,363 shares. Currently, 0.1% of the company’s stock are sold short. Based on an average trading volume of 80,167 shares, the short-interest ratio is presently 0.2 days.
Galaxy Gaming Stock Performance
GLXZ remained flat at $1.95 on Tuesday. The company had a trading volume of 47,895 shares, compared to its average volume of 43,210. The company has a 50 day moving average price of $1.81 and a two-hundred day moving average price of $2.33. Galaxy Gaming has a fifty-two week low of $1.42 and a fifty-two week high of $3.00. The company has a market cap of $49.43 million, a P/E ratio of 32.51 and a beta of 0.43.
Galaxy Gaming (OTCMKTS:GLXZ – Get Free Report) last posted its quarterly earnings results on Friday, March 27th. The company reported $0.06 earnings per share for the quarter. The firm had revenue of $8.24 million during the quarter. Galaxy Gaming had a negative return on equity of 7.57% and a net margin of 4.81%.
Galaxy Gaming Company Profile
Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.
The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.
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