GAN (NASDAQ:GAN) Issues Earnings Results

GAN (NASDAQ:GAN) announced its quarterly earnings results on Friday. The company reported ($0.09) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.01), RTT News reports. During the same quarter in the previous year, the business earned ($0.21) EPS.

GAN Stock Performance

GAN stock traded down $0.01 during trading on Friday, reaching $1.77. 97,195 shares of the company’s stock were exchanged, compared to its average volume of 180,692. GAN has a 52-week low of $1.17 and a 52-week high of $1.90. The company’s 50-day moving average is $1.81 and its two-hundred day moving average is $1.80. The firm has a market cap of $80.66 million, a price-to-earnings ratio of -5.90 and a beta of 1.96.

About GAN

GAN Limited operates as a business-to-business (B2B) supplier of enterprise software-as-a-service solutions to online casino gaming and sports betting applications in the United States, Europe, Latin America, and internationally. It operates through two segments: B2B and B2C. The company provides and licenses GameSTACK, an internet gaming platform that provides turnkey technology solution for regulated real-money internet gambling, online sports betting, and virtual simulated gaming.