Galaxy Gaming (OTCMKTS:GLXZ) Shares Cross Above Two Hundred Day Moving Average – Here’s Why

Galaxy Gaming Inc. (OTCMKTS:GLXZ)’s stock price passed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $2.81 and traded as high as $2.83. Galaxy Gaming shares last traded at $2.80, with a volume of 12,492 shares changing hands.

Galaxy Gaming Price Performance

The firm has a 50 day simple moving average of $2.80 and a two-hundred day simple moving average of $2.81. The stock has a market cap of $70.81 million, a price-to-earnings ratio of -14.74 and a beta of 0.91.

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.