Esports Entertainment Group (NASDAQ:GMBLP) Stock Price Up 250% – Here’s Why

Esports Entertainment Group, Inc. (NASDAQ:GMBLPGet Free Report)’s stock price rose 250% during trading on Tuesday . The stock traded as high as $0.18 and last traded at $0.18. Approximately 6,062 shares were traded during mid-day trading, an increase of 41% from the average daily volume of 4,313 shares. The stock had previously closed at $0.05.

Esports Entertainment Group Price Performance

The firm has a 50-day simple moving average of $0.12 and a 200 day simple moving average of $0.15.

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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