Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Sees Large Growth in Short Interest

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the target of a significant growth in short interest in the month of June. As of June 15th, there was short interest totalling 5,600 shares, a growth of 24.4% from the May 31st total of 4,500 shares. Based on an average daily volume of 5,700 shares, the short-interest ratio is currently 1.0 days.

Galaxy Gaming Price Performance

Shares of GLXZ traded down $0.02 during trading hours on Tuesday, hitting $1.40. 27,650 shares of the stock were exchanged, compared to its average volume of 42,764. The firm has a market capitalization of $34.87 million, a P/E ratio of -20.00 and a beta of 1.28. The business has a 50-day moving average of $1.47 and a 200-day moving average of $1.59. Galaxy Gaming has a fifty-two week low of $0.55 and a fifty-two week high of $3.60.

Galaxy Gaming (OTCMKTS:GLXZ) last announced its quarterly earnings data on Friday, May 10th. The company reported $0.01 EPS for the quarter. The company had revenue of $8.00 million for the quarter.

Galaxy Gaming Company Profile

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.