In last trading session, Golden Matrix Group Inc (NASDAQ:GMGI) saw 1.56 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $2.44 trading at $0.59 or 31.89% at ring of the bell on the day assigns it a market valuation of $314.52M. That closing price of GMGI’s stock is at a discount of -156.97% from its 52-week high price of $6.27 and is indicating a premium of 30.33% from its 52-week low price of $1.70.
For Golden Matrix Group Inc (GMGI), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.
Golden Matrix Group Inc (NASDAQ:GMGI) trade information
Upright in the green during last session for gaining 31.89%, in the last five days GMGI remained trading in the green while hitting it’s week-highest on Wednesday, 02/19/25 when the stock touched $2.44 price level, adding 2.4% to its value on the day. Golden Matrix Group Inc’s shares saw a change of 23.23% in year-to-date performance and have moved 35.18% in past 5-day. Golden Matrix Group Inc (NASDAQ:GMGI) showed a performance of 19.61% in past 30-days.
Wall Street analysts have assigned a consensus price target of 3 to the stock, which implies a rise of 18.67% to its current value. Analysts have been projecting 3 as a low price target for the stock while placing it at a high target of 3. It follows that stock’s current price would drop -22.95% in reaching the projected high whereas dropping to the targeted low would mean a loss of -22.95% for stock’s current value.
Golden Matrix Group Inc (NASDAQ:GMGI)’s Major holders
BLACKROCK INC. is the top institutional holder at GMGI for having 1.13 million shares of worth $2.78 million. And as of 2024-06-30, it was holding 3.1172 of the company’s outstanding shares.
The second largest institutional holder is GEODE CAPITAL MANAGEMENT, LLC, which was holding about 0.51 million shares on 2024-06-30. The number of shares represents firm’s hold over 1.4196 of outstanding shares, having a total worth of $1.27 million.