Weiting Feng Sells 15,727 Shares of Golden Matrix Group, Inc. (NASDAQ:GMGI) Stock

Golden Matrix Group, Inc. (NASDAQ:GMGIGet Free Report) COO Weiting Feng sold 15,727 shares of Golden Matrix Group stock in a transaction that occurred on Wednesday, April 24th. The stock was sold at an average price of $4.00, for a total transaction of $62,908.00. Following the completion of the transaction, the chief operating officer now owns 2,837,688 shares of the company’s stock, valued at approximately $11,350,752. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Golden Matrix Group Trading Up 8.2 %

GMGI stock opened at $4.10 on Friday. Golden Matrix Group, Inc. has a twelve month low of $1.95 and a twelve month high of $4.25. The company’s 50 day moving average is $3.08 and its two-hundred day moving average is $2.73. The stock has a market cap of $150.14 million, a P/E ratio of -205.00 and a beta of 0.33.

Golden Matrix Group Company Profile

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Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.

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