Esports Entertainment Group (NASDAQ:GMBL) Trading Down 16.2%

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report)’s stock price dropped 16.2% during trading on Wednesday . The company traded as low as $0.34 and last traded at $0.34. Approximately 949 shares traded hands during mid-day trading, a decline of 99% from the average daily volume of 103,653 shares. The stock had previously closed at $0.41.

Esports Entertainment Group Price Performance

The company has a 50-day simple moving average of $0.39 and a 200-day simple moving average of $0.57.

About Esports Entertainment Group

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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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