Esports Entertainment Group (NASDAQ:GMBLP) Shares Up 99.7% – Should You Buy?

Esports Entertainment Group, Inc. (NASDAQ:GMBLPGet Free Report)’s share price traded up 99.7% on Tuesday . The stock traded as high as $0.15 and last traded at $0.15. 542 shares were traded during mid-day trading, a decline of 87% from the average session volume of 4,036 shares. The stock had previously closed at $0.08.

Esports Entertainment Group Price Performance

The firm has a fifty day simple moving average of $0.10 and a two-hundred day simple moving average of $0.12.

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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