Shoal Games (CVE:SGW) Shares Pass Above 50 Day Moving Average – Here’s Why

Shoal Games Ltd (CVE:SGWGet Free Report) shares passed above its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of C$0.50 and traded as high as C$0.50. Shoal Games shares last traded at C$0.50, with a volume of 500 shares trading hands.

Shoal Games Price Performance

The firm’s 50 day simple moving average is C$0.50 and its 200-day simple moving average is C$0.50. The company has a market cap of C$65.56 million and a price-to-earnings ratio of -12.50.

About Shoal Games

(Get Free Report)

Shoal Games Ltd. develops and sells consumer mobile software products and games in Anguilla and internationally. It focuses on the development and marketing of a platform of interactive games for families and children. The company's products include Rooplay, a platform of educational and entertainment games; Garfield's Bingo, a bingo game; and Trophy Bingo, live through mobile platforms.

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