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Golden Matrix Group (NASDAQ:GMGI) Stock Price Down 1%

Defense World ·  Sep 9, 2022 02:42

Golden Matrix Group, Inc. (NASDAQ:GMGI – Get Rating) shares fell 1% on Thursday . The stock traded as low as $3.86 and last traded at $3.90. 14,460 shares changed hands during trading, a decline of 67% from the average session volume of 43,842 shares. The stock had previously closed at $3.94.

Golden Matrix Group Stock Performance

The business's 50-day moving average price is $4.12.

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Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the stock. State Street Corp purchased a new stake in Golden Matrix Group in the second quarter worth $51,000. Northern Trust Corp bought a new stake in Golden Matrix Group during the 2nd quarter valued at $59,000. Finally, Delos Wealth Advisors LLC purchased a new stake in shares of Golden Matrix Group during the first quarter worth $357,000. 2.90% of the stock is owned by institutional investors.

About Golden Matrix Group

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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 and Europe. 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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