Golden Matrix Group (GMGI) Projected to Post Quarterly Earnings on Monday

Golden Matrix Group (NASDAQ:GMGI - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Monday, March 24th. Analysts expect the company to announce earnings of ($0.03) per share and revenue of $44.70 million for the quarter.Get Golden Matrix Group alerts:Golden Matrix Group Stock Down 4.3 %GMGI stock opened at $1.98 on Friday. The company has a quick ratio of 0.75, a current ratio of 0.82 and a debt-to-equity ratio of 0.18. Golden Matrix Group has a one year low of $1.70 and a one year high of $6.27. The firm has a 50-day moving average of $2.01 and a two-hundred day moving average of $2.20. Analyst Upgrades and DowngradesSeparately, Maxim Group initiated coverage on shares of Golden Matrix Group in a research note on Friday, February 21st. They set a "buy" rating and a $4.00 price objective for the company.Read Our Latest Stock Analysis on Golden Matrix GroupInsider Buying and Selling at Golden Matrix GroupIn other Golden Matrix Group news, insider Aleksandar Milovanovic bought 100,000 shares of the company's stock in a transaction dated Friday, February 14th. The shares were bought at an average price of $1.85 per share, for a total transaction of $185,000.00. Following the acquisition, the insider now directly owns 78,414,616 shares of the company's stock, valued at approximately $145,067,039.60. This trade represents a 0.13 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last ninety days, insiders bought 372,514 shares of company stock valued at $719,453. 23.20% of the stock is currently owned by corporate insiders. About Golden Matrix Group (Get Free Report)Golden Matrix Group, Inc provides enterprise software-as-a-service solutions for online casino and sports betting operators. The company develops and owns online gaming intellectual property; and builds gaming platforms for customers located primarily in the Asia Pacific region. Its platform facilitates gaming customers in operating online casinos, sportsbooks, lottery, and live games; and provides customers with access to a portfolio of licensed gaming content, which are provided by gaming content providers.See AlsoFive stocks we like better than Golden Matrix GroupWhat is the Dow Jones Industrial Average (DJIA)?FedEx Delivers Another Crushing Blow to Its Stock PriceWhy Invest in High-Yield Dividend Stocks?Analysts Stay Bullish on Rocket Lab as Signs of a Bottom EmergeThe Significance of Brokerage Rankings in Stock SelectionMicron Stock Will Retest All-Time Highs This YearThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Golden Matrix Group Right Now?Before you consider Golden Matrix Group, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Golden Matrix Group wasn't on the list.While Golden Matrix Group currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here