Esports Entertainment Group (NASDAQ:GMBL) Trading Up 10% – Still a Buy?

Shares of Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report) traded up 10% during trading on Monday . The stock traded as high as $0.35 and last traded at $0.32. 6,585 shares changed hands during trading, a decline of 92% from the average session volume of 84,692 shares. The stock had previously closed at $0.29.

Esports Entertainment Group Stock Performance

The firm has a 50-day moving average of $0.34 and a 200-day moving average of $0.42.

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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