Esports Entertainment Group (NASDAQ:GMBL) Trading 3.7% Higher – What’s Next?

Esports Entertainment Group, Inc. (NASDAQ:GMBL) shares were up 3.7% during mid-day trading on Wednesday . The company traded as high as $0.30 and last traded at $0.28. Approximately 17,410 shares changed hands during mid-day trading, an increase of 333% from the average daily volume of 4,023 shares. The stock had previously closed at $0.27.

Esports Entertainment Group Stock Up 3.7%

The business’s fifty day moving average is $0.32 and its 200 day moving average is $0.33. The stock has a market cap of $86,800.00, a PE ratio of 0.00 and a beta of 1.40.

Esports Entertainment Group Company Profile

Esports Entertainment Group is a publicly traded company (NASDAQ:GMBL) focused on the fast-growing intersection of competitive gaming and online wagering. Founded in 2017, the company provides regulated esports and sports betting services through its proprietary technology platform. It has positioned itself as one of the first operators to offer licensed, jurisdiction-compliant esports betting in key markets.

The company’s core offerings include an online wagering platform that supports real-time odds on popular esports tournaments as well as traditional sports events and casino-style games.