Gamehaus (NASDAQ:GMHS) Releases Earnings Results

Gamehaus (NASDAQ:GMHS) announced its earnings results on Monday. The company reported $0.01 EPS for the quarter, Zacks reports.

Gamehaus Price Performance

Shares of Gamehaus stock opened at $0.94 on Monday. The stock has a market cap of $50.28 million, a price-to-earnings ratio of 10.43 and a beta of 0.59. The firm’s 50-day moving average is $0.97 and its 200 day moving average is $0.99. Gamehaus has a 1 year low of $0.68 and a 1 year high of $2.66.

Wall Street Analyst Weigh In

Separately, Weiss Ratings cut shares of Gamehaus from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, June 2nd. One research analyst has rated the stock with a Sell rating, According to data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Hedge Funds Weigh In On Gamehaus

A hedge fund recently bought a new stake in Gamehaus stock. Virtu Financial LLC purchased a new position in Gamehaus Holdings Inc. (NASDAQ:GMHS) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned approximately 0.05% of Gamehaus at the end of the most recent reporting period. 63.69% of the stock is owned by institutional investors.

About Gamehaus

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.