Esports Entertainment Group (NASDAQ:GMBL) Stock Price Down 1.9% – Here’s Why

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report)’s share price dropped 1.9% during trading on Friday . The stock traded as low as $0.26 and last traded at $0.26. Approximately 17,336 shares were traded during mid-day trading, an increase of 134% from the average daily volume of 7,397 shares. The stock had previously closed at $0.27.

Esports Entertainment Group Stock Performance

The stock has a 50 day moving average price of $0.25 and a two-hundred day moving average price of $0.32.

Esports Entertainment Group Company Profile

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Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.

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