The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a gain of 25.25%.However, over the last six months, we can see a stronger performance of 0.00%. Over the last 30 days, the price of GMGI has fallen by 21.27%. And in the last five days, it has surged by 18.10%.
Golden Matrix Group Inc experienced a rather steady stock market performance. The highest value in the past year was recorded at $6.27 on 05/31/24 and the lowest value was $1.86 on 01/10/25.
52-week price history of GMGI Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Golden Matrix Group Inc’s current trading price is -60.45% away from its 52-week high, while its distance from the 52-week low is 33.33%. The stock’s price range during this period has varied between$1.86 and $6.27. The Golden Matrix Group Inc’s shares, which operate in the Communication Services, saw a trading volume of around 0.76 million for the day, a figure considerably higher than their average daily volume of 0.11 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Golden Matrix Group Inc (GMGI) has experienced a quarterly rise of 6.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 319.68M and boasts a workforce of 31 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 2.33, with a change in price of -0.01. Similarly, Golden Matrix Group Inc recorded 97,032 in trading volume during the last 100 days, posting a change of -0.40%.
GMGI’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GMGI stands at 0.42. Similarly, the long-term debt-to-equity ratio is also 0.22.
GMGI Stock Stochastic Average
Golden Matrix Group Inc’s raw stochastic average for the past 50 days is presently 51.67%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 83.78%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 70.18% and 50.15%, respectively.
