Galaxy Gaming Inc. (OTCMKTS:GLXZ – Get Free Report) was the recipient of a large increase in short interest in the month of April. As of April 30th, there was short interest totaling 14,465 shares, an increase of 512.1% from the April 15th total of 2,363 shares. Approximately 0.1% of the shares of the company are sold short. Based on an average trading volume of 80,167 shares, the days-to-cover ratio is currently 0.2 days.
Galaxy Gaming Price Performance
GLXZ stock remained flat at $1.95 during mid-day trading on Tuesday. 47,895 shares of the company’s stock traded hands, compared to its average volume of 43,210. Galaxy Gaming has a 1 year low of $1.42 and a 1 year high of $3.00. The firm has a market cap of $49.43 million, a PE ratio of 32.51 and a beta of 0.43. The business has a fifty day simple moving average of $1.81 and a 200 day simple moving average of $2.33.
Galaxy Gaming (OTCMKTS:GLXZ – Get Free Report) last posted its earnings results on Friday, March 27th. The company reported $0.06 EPS for the quarter. The company had revenue of $8.24 million for the quarter. Galaxy Gaming had a negative return on equity of 7.57% and a net margin of 4.81%.
About Galaxy Gaming
Galaxy Gaming, Inc is a gaming technology company headquartered in North Las Vegas, Nevada, that specializes in the development and licensing of proprietary table games for land-based casinos. Since its founding in 1985, the company has focused on creating innovative live-dealer variations of traditional casino games, securing patents for mechanics that enhance player engagement and offer new strategic elements. Its core business model centers on licensing these titles under revenue-share or royalty arrangements, providing casino operators with fresh content to drive table game revenue.
The company’s portfolio includes a wide range of blackjack, baccarat and poker variants—such as MatchPlay 21, Super 7 Blackjack, Prime 21, EZ Baccarat and EZ Pai Gow Poker—together with ancillary products like continuous shuffling machines and automated card-dealing devices.
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