EF Hutton analyst Michael Albanese reiterated a Buy rating on Golden Matrix Group (GMGI – Research Report) today and set a price target of $4.00. The company’s shares closed yesterday at $3.25.
According to TipRanks, Albanese is an analyst with an average return of -13.7% and a 41.18% success rate. Albanese covers the Technology sector, focusing on stocks such as Golden Matrix Group, Glimpse Group, and Guardforce AI Co.
Golden Matrix Group has an analyst consensus of Moderate Buy, with a price target consensus of $4.00.
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The company has a one-year high of $9.00 and a one-year low of $1.89. Currently, Golden Matrix Group has an average volume of 30.22K.
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Golden Matrix Group, Inc. engages in the business of software technology. Its products include turnkey solution; casino content; CRM, digital marketing, and loyalty systems; affiliate tracking system; e-store platform; and bartering platform. The company was founded on June 4, 2008 and is headquartered in Las Vegas, NV.
Read More on GMGI:
- Golden Matrix Reports First Quarter Financial Results With Record Revenues of $10.78 Million
- Golden Matrix Reports Record First Quarter Revenues Exceeding $10.5 Million
- Golden Matrix reports Q1 revenue exceeding $10.5M
- Golden Matrix reports FY22 EPS (1c) vs 1c last year
- Golden Matrix Reports Fiscal 2022 Financial Results With Record Revenues of $36 Million