Golden Matrix Group, Inc. (NASDAQ:GMGI) COO Sells $62,908.00 in Stock

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

Golden Matrix Group Price Performance

Shares of GMGI traded down $0.35 during trading hours on Tuesday, reaching $3.59. 86,028 shares of the company’s stock traded hands, compared to its average volume of 65,660. Golden Matrix Group, Inc. has a twelve month low of $1.95 and a twelve month high of $4.19. The business’s fifty day simple moving average is $3.03 and its two-hundred day simple moving average is $2.70. The firm has a market capitalization of $131.47 million, a price-to-earnings ratio of -184.00 and a beta of 0.53.

Golden Matrix Group Company Profile

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.