Galaxy Gaming Inc. (OTCMKTS:GLXZ – Get Free Report) was the recipient of a large growth in short interest in April. As of April 30th, there was short interest totaling 14,465 shares, a growth of 512.1% from the April 15th total of 2,363 shares. Currently, 0.1% of the company’s shares are short sold. Based on an average daily volume of 80,167 shares, the days-to-cover ratio is currently 0.2 days.
Galaxy Gaming Trading Down 1.7%
Shares of GLXZ traded down $0.03 during midday trading on Thursday, hitting $1.77. The stock had a trading volume of 6,500 shares, compared to its average volume of 74,998. The business has a 50-day simple moving average of $1.82 and a two-hundred day simple moving average of $2.31. The firm has a market cap of $44.88 million, a P/E ratio of 9.32 and a beta of 0.43. Galaxy Gaming has a fifty-two week low of $1.42 and a fifty-two week high of $3.00.
Galaxy Gaming (OTCMKTS:GLXZ – Get Free Report) last released its quarterly earnings results on Friday, March 27th. The company reported $0.06 earnings per share (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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