Esports Entertainment Group (NASDAQ:GMBLP) Trading Up 22.2% – Should You Buy?

Shares of Esports Entertainment Group, Inc. (NASDAQ:GMBLPGet Free Report) were up 22.2% during mid-day trading on Tuesday . The stock traded as high as $0.11 and last traded at $0.11. Approximately 110 shares traded hands during trading, a decline of 90% from the average daily volume of 1,051 shares. The stock had previously closed at $0.09.

Esports Entertainment Group Trading Up 22.2 %

The business’s 50-day moving average price is $0.07 and its 200-day moving average price is $0.10.

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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