Motorsport Games (NASDAQ:MSGM) Posts Quarterly Earnings Results

Motorsport Games (NASDAQ:MSGM) released its quarterly earnings data on Thursday. The company reported ($0.89) EPS for the quarter, Zacks reports. Motorsport Games had a return on equity of 215.50% and a net margin of 52.74%.

Motorsport Games Price Performance

Shares of MSGM stock traded down $0.03 on Thursday, hitting $1.22. The company’s stock had a trading volume of 10,777 shares, compared to its average volume of 479,869. The stock has a market capitalization of $4.61 million, a price-to-earnings ratio of 0.75 and a beta of 2.06. Motorsport Games has a fifty-two week low of $1.01 and a fifty-two week high of $4.16. The firm’s fifty day moving average price is $1.31 and its 200-day moving average price is $1.29.

About Motorsport Games

Motorsport Games Inc develops and publishes multi-platform racing video games in the United States. It operates through Gaming and Esports segments. The company offers rFactor 2, a realistic racing simulation game; NASCAR Heat Mobile, a racing experience for mobile devices; NASCAR Heat 3, NASCAR Heat 4, NASCAR Heat 5, NASCAR Heat Ultimate Edition, and NASCAR 21: Ignition, which are racing video games; KartKraft, a kart racing simulator; NASCAR Rivals, a racing video game; and Le Mans Ultimate, a official game of the FIA World Endurance Championship and 24 Hours of Le Mans.