Galaxy Gaming Inc. (OTCMKTS:GLXZ – Get Free Report) was the recipient of a significant growth in short interest in June. As of June 15th, there was short interest totaling 12,154 shares, a growth of 139.6% from the May 31st total of 5,073 shares. Based on an average daily volume of 79,792 shares, the days-to-cover ratio is currently 0.2 days. Approximately 0.1% of the company’s shares are sold short.
Galaxy Gaming Stock Performance
Shares of Galaxy Gaming stock traded down $0.07 on Monday, hitting $1.62. The stock had a trading volume of 522 shares, compared to its average volume of 66,721. The stock has a 50 day moving average of $1.80 and a 200 day moving average of $2.10. Galaxy Gaming has a twelve month low of $1.42 and a twelve month high of $3.00. The firm has a market capitalization of $41.08 million, a P/E ratio of 8.53 and a beta of 0.41.
Galaxy Gaming (OTCMKTS:GLXZ – Get Free Report) last posted its earnings results on Friday, March 27th. The company reported $0.06 EPS for the quarter. Galaxy Gaming had a net margin of 15.85% and a negative return on equity of 26.72%. The business had revenue of $8.24 million for the quarter.
Galaxy Gaming Company Profile
Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.
The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.
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