Esports Entertainment Group (NASDAQ:GMBL) Shares Down 9.6% – Time to Sell?

Shares of Esports Entertainment Group, Inc. (NASDAQ:GMBL) were down 9.6% on Tuesday . The stock traded as low as $0.23 and last traded at $0.23. Approximately 2,528 shares were traded during mid-day trading, a decline of 97% from the average daily volume of 80,011 shares. The stock had previously closed at $0.25.

Esports Entertainment Group Trading Up 14.6 %

The business’s fifty day simple moving average is $0.30 and its 200-day simple moving average is $0.38.

About Esports Entertainment Group

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.