Golden Matrix Group, Inc. (NASDAQ:GMGI – Get Free Report) insider Aleksandar Milovanovic bought 50,000 shares of Golden Matrix Group stock in a transaction dated Friday, March 14th. The shares were acquired at an average price of $2.17 per share, with a total value of $108,500.00. Following the completion of the purchase, the insider now owns 79,264,552 shares in the company, valued at approximately $172,004,077.84. The trade was a 0.06 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Aleksandar Milovanovic also recently made the following trade(s):
- On Friday, March 7th, Aleksandar Milovanovic acquired 50,000 shares of Golden Matrix Group stock. The shares were purchased at an average price of $2.16 per share, for a total transaction of $108,000.00.
- On Tuesday, March 4th, Aleksandar Milovanovic purchased 2,514 shares of Golden Matrix Group stock. The shares were purchased at an average cost of $1.97 per share, for a total transaction of $4,952.58.
- On Tuesday, February 18th, Aleksandar Milovanovic purchased 100,000 shares of Golden Matrix Group stock. The stock was acquired at an average cost of $1.86 per share, with a total value of $186,000.00.
- On Friday, February 14th, Aleksandar Milovanovic bought 100,000 shares of Golden Matrix Group stock. The stock was bought at an average price of $1.85 per share, with a total value of $185,000.00.
- On Wednesday, February 5th, Aleksandar Milovanovic acquired 20,000 shares of Golden Matrix Group stock. The shares were bought at an average price of $1.85 per share, with a total value of $37,000.00.
- On Monday, February 3rd, Aleksandar Milovanovic acquired 50,000 shares of Golden Matrix Group stock. The stock was purchased at an average cost of $1.80 per share, for a total transaction of $90,000.00.
Golden Matrix Group Price Performance
Golden Matrix Group stock traded down $0.04 during midday trading on Monday, hitting $2.05. The company’s stock had a trading volume of 42,493 shares, compared to its average volume of 140,836. Golden Matrix Group, Inc. has a 12 month low of $1.70 and a 12 month high of $6.27. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.82 and a quick ratio of 0.75. The stock’s 50-day moving average price is $2.01 and its 200-day moving average price is $2.21.
Institutional Investors Weigh In On Golden Matrix Group
Wall Street Analysts Forecast Growth
Separately, Maxim Group assumed coverage on Golden Matrix Group in a research note on Friday, February 21st. They set a “buy” rating and a $4.00 target price on the stock.
View Our Latest Research Report on Golden Matrix Group
Golden Matrix Group Company Profile
Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.
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