Short Interest in Galaxy Gaming, Inc. (OTCMKTS:GLXZ) Declines By 78.1%

Galaxy Gaming, Inc. (OTCMKTS:GLXZ) was the recipient of a large decline in short interest in March. As of March 15th, there was short interest totalling 2,300 shares, a decline of 78.1% from the February 28th total of 10,500 shares. Currently, 0.0% of the shares of the stock are sold short. Based on an average daily volume of 27,100 shares, the short-interest ratio is presently 0.1 days.

Galaxy Gaming Stock Up 0.4 %

Shares of GLXZ opened at $2.84 on Friday. The firm’s fifty day moving average is $2.84 and its two-hundred day moving average is $2.79. The stock has a market cap of $71.61 million, a PE ratio of -28.40 and a beta of 1.33. Galaxy Gaming has a 52-week low of $1.10 and a 52-week high of $2.99.

Galaxy Gaming (OTCMKTS:GLXZ) last posted its quarterly earnings results on Friday, March 21st. The company reported ($0.03) earnings per share for the quarter. The firm had revenue of $7.57 million for the quarter.

Galaxy Gaming Company Profile

Galaxy Gaming, Inc, a gaming company, designs, develops, acquires, assembles, markets, and licenses proprietary casino table games and associated technology, platforms, and systems for the casino gaming industry. The company's proprietary table games comprise side bets, which are proprietary features and wagering options added to public domain games, such as baccarat, pai gow poker, craps, and blackjack table games under the Lucky Ladies, 21+3, Bonus Craps, and EZ Baccarat titles; and premium games, which are stand-alone games with their own set of rules and strategies under the Heads Up Hold 'em, High Card Flush, Cajun Stud, and Three Card Poker names.