Esports Entertainment Group (NASDAQ:GMBL) Trading Down 9.6% – Here’s What Happened

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report) was down 9.6% during mid-day trading on Tuesday . The company traded as low as $0.23 and last traded at $0.23. Approximately 2,528 shares changed hands during trading, a decline of 97% from the average daily volume of 80,011 shares. The stock had previously closed at $0.25.

Esports Entertainment Group Stock Performance

The firm’s 50 day moving average is $0.30 and its 200 day moving average is $0.38.

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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