Esports Entertainment Group (NASDAQ:GMBL) Stock Price Down 0.3% – Should You Sell?

Esports Entertainment Group, Inc. (NASDAQ:GMBLGet Free Report) shares fell 0.3% during mid-day trading on Wednesday . The stock traded as low as $0.22 and last traded at $0.28. 20,405 shares were traded during mid-day trading, an increase of 280% from the average session volume of 5,367 shares. The stock had previously closed at $0.28.

Esports Entertainment Group Price Performance

The stock’s 50-day simple moving average is $0.28 and its 200 day simple moving average is $0.34.

Esports Entertainment Group Company Profile

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Esports Entertainment Group, Inc operates as an iGaming and entertainment company in the United States and internationally. It operates through two segments, EEG iGaming and EEG Games. The EEG iGaming segment operates iDefix, a casino platform. The EEG Games segment operates ggCircuit, a local area network center management software and services for managing mission critical functions, such as game licensing and payments; and creates esports content for distribution to the betting industry.

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