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After finishing at $2.37 in the prior trading day, Golden Matrix Group Inc (NASDAQ: GMGI) closed at $2.35, down -0.84%. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 74663.0 shares were traded. GMGI stock price reached its highest trading level at $2.43 during the session, while it also had its lowest trading level at $2.32.
Ratios:
Our goal is to gain a better understanding of GMGI by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.79 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 68.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.75 and its Current Ratio is at 0.82. In the meantime, Its Debt-to-Equity ratio is 0.42 whereas as Long-Term Debt/Eq ratio is at 0.22.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 22 ’24 when MCCHESNEY THOMAS sold 5,000 shares for $2.74 per share. The transaction valued at 13,700 led to the insider holds 229,397 shares of the business.
MCCHESNEY THOMAS sold 5,000 shares of GMGI for $13,550 on Nov 21 ’24. The Director now owns 234,397 shares after completing the transaction at $2.71 per share. On Nov 20 ’24, another insider, MCCHESNEY THOMAS, who serves as the Director of the company, bought 25,000 shares for $2.77 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GMGI now has a Market Capitalization of 302922048 and an Enterprise Value of 315742368. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.91 while its Price-to-Book (P/B) ratio in mrq is 3.06. Its current Enterprise Value per Revenue stands at 3.606 whereas that against EBITDA is 16.243.
Stock Price History:
Over the past 52 weeks, GMGI has reached a high of $6.27, while it has fallen to a 52-week low of $2.01. The 50-Day Moving Average of the stock is -3.70%, while the 200-Day Moving Average is calculated to be -20.13%.
Shares Statistics:
The stock has traded on average 74.12K shares per day over the past 3-months and 105620 shares per day over the last 10 days, according to various share statistics. A total of 36.16M shares are outstanding, with a floating share count of 13.57M. Insiders hold about 89.47% of the company’s shares, while institutions hold 2.45% stake in the company. Shares short for GMGI as of 1730332800 were 983204 with a Short Ratio of 12.81, compared to 1727654400 on 1017388. Therefore, it implies a Short% of Shares Outstanding of 983204 and a Short% of Float of 3.25.
