Galaxy Gaming Stock Today
| GLXZ Stock | USD 1.31 0.02 1.50% |
Performance0 of 100
| Odds Of DistressLess than 42
|
Galaxy Gaming is trading at 1.31 as of the 18th of April 2024; that is -1.5 percent decrease since the beginning of the trading day. The stock's open price was 1.33. Galaxy Gaming has about a 42 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. Equity ratings for Galaxy Gaming are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 18th of February 2024 and ending today, the 18th of April 2024. Click here to learn more.
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. Galaxy Gaming, Inc. was founded in 2006 and is headquartered in Las Vegas, Nevada. The company has 24.25 M outstanding shares. More on Galaxy Gaming
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Follow Valuation Odds of Bankruptcy
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Galaxy OTC Stock Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Galaxy Gaming's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Galaxy Gaming or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Chairman, CEO and Pres | Robert Saucier |
| Business Concentration | Gambling, Consumer Cyclical (View all Sectors) |
Galaxy Gaming [GLXZ] is traded as part of a regulated electronic over-the-counter service offered by the NASD. The company currently falls under 'Micro-Cap' category with a current market capitalization of 67.91 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Galaxy Gaming's market, we take the total number of its shares issued and multiply it by Galaxy Gaming's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Galaxy Gaming conducts business under Consumer Cyclical sector and is part of Gambling industry. The entity has 24.25 M outstanding shares.
Galaxy Gaming currently holds about 17.25 M in cash with 6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.71.
Check Galaxy Gaming Probability Of Bankruptcy
Ownership AllocationGalaxy Gaming has a total of 24.25 Million outstanding shares. Galaxy Gaming secures significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company holds, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Galaxy Ownership Details
Galaxy Stock Price Odds Analysis
Based on a normal probability distribution, the odds of Galaxy Gaming jumping above the current price in 90 days from now is over 95.22%. The Galaxy Gaming probability density function shows the probability of Galaxy Gaming otc stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the otc stock has a beta coefficient of 1.1685. This usually indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Galaxy Gaming will likely underperform. Additionally, galaxy Gaming has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the NYSE Composite.
Based on a normal probability distribution, the odds of Galaxy Gaming to move above the current price in 90 days from now is over 95.22 (This Galaxy Gaming probability density function shows the probability of Galaxy OTC Stock to fall within a particular range of prices over 90 days) .
Galaxy Gaming Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Galaxy Gaming market risk premium is the additional return an investor will receive from holding Galaxy Gaming long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Galaxy Gaming. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although Galaxy Gaming's alpha and beta are two of the key measurements used to evaluate Galaxy Gaming's performance over the market, the standard measures of volatility play an important role as well.
| Mean Deviation | 2.22 | |||
| Standard Deviation | 3.15 | |||
| Variance | 9.92 | |||
| Risk Adjusted Performance | (0.08) |
Galaxy Stock Against Markets
Picking the right benchmark for Galaxy Gaming otc stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Galaxy Gaming otc stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Galaxy Gaming is critical whether you are bullish or bearish towards Galaxy Gaming at a given time. Please also check how Galaxy Gaming's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Galaxy Gaming without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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Performance AnalysisCheck effects of mean-variance optimization against your current asset allocation |
| All Next | Launch Module |
Galaxy Gaming Corporate Directors
Galaxy Gaming corporate directors refer to members of a Galaxy Gaming board of directors. The board of directors generally takes responsibility for the Galaxy Gaming's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Galaxy Gaming's board members must vote for the resolution. The Galaxy Gaming board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.| John Strickland | Director of Marketing | Profile | |
| Norman Desrosiers | Director | Profile | |
| Michael Isaacs | Independent Director | Profile | |
| Bryan Waters | Director | Profile |
How to buy Galaxy OTC Stock?
Before investing in Galaxy Gaming, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Galaxy Gaming. To buy Galaxy Gaming stock, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of Galaxy Gaming. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase Galaxy Gaming stock. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located Galaxy Gaming stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased Galaxy Gaming stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Galaxy Gaming, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments.
Already Invested in Galaxy Gaming?
The danger of trading Galaxy Gaming is mainly related to its market volatility and OTC Stock specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Galaxy Gaming is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Galaxy Gaming. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Galaxy Gaming is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Galaxy Gaming. Also, note that the market value of any otc stock could be tightly coupled with the direction of predictive economic indicators such as signals in interest. You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Complementary Tools for Galaxy OTC Stock analysis
When running Galaxy Gaming's price analysis, check to measure Galaxy Gaming's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Galaxy Gaming is operating at the current time. Most of Galaxy Gaming's value examination focuses on studying past and present price action to predict the probability of Galaxy Gaming's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galaxy Gaming's price. Additionally, you may evaluate how the addition of Galaxy Gaming to your portfolios can decrease your overall portfolio volatility.
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