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

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) saw a significant drop in short interest in the month of October. As of October 31st, there was short interest totalling 100 shares, a drop of 97.7% from the October 15th total of 4,400 shares. Based on an average daily volume of 43,600 shares, the short-interest ratio is currently 0.0 days.

Galaxy Gaming Price Performance

OTCMKTS GLXZ traded up $0.06 during mid-day trading on Tuesday, hitting $2.79. The company’s stock had a trading volume of 45,395 shares, compared to its average volume of 48,177. The firm has a market capitalization of $69.75 million, a P/E ratio of -39.86 and a beta of 1.30. The stock’s fifty day simple moving average is $2.76 and its two-hundred day simple moving average is $2.22. Galaxy Gaming has a 52-week low of $0.55 and a 52-week high of $2.99.

Galaxy Gaming (OTCMKTS:GLXZ) last issued its quarterly earnings results on Friday, August 9th. The company reported $0.01 earnings per share for the quarter. The company had revenue of $8.52 million during 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.