Galaxy Gaming (OTCMKTS:GLXZ) Stock Price Crosses Above 50 Day Moving Average – Here’s Why

Shares of Galaxy Gaming Inc. (OTCMKTS:GLXZ) crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $1.82 and traded as high as $1.83. Galaxy Gaming shares last traded at $1.70, with a volume of 116,905 shares trading hands.

Galaxy Gaming Stock Up 6.3%

The company’s 50 day moving average price is $1.81 and its two-hundred day moving average price is $2.12. The firm has a market cap of $43.37 million, a PE ratio of 9.01 and a beta of 0.41.

Galaxy Gaming (OTCMKTS:GLXZ) last released its quarterly earnings results on Friday, March 27th. The company reported $0.06 EPS for the quarter. The firm had revenue of $8.24 million during the quarter. Galaxy Gaming had a net margin of 15.85% and a negative return on equity of 26.72%.

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.