Golden Matrix Group Stock Today
| GMGI Stock | USD 2.00 0.06 2.91% |
Performance0 of 100
| Odds Of DistressLess than 44
|
Golden Matrix is trading at 2.00 as of the 17th of December 2024. This is a 2.91 percent decrease since the beginning of the trading day. The stock's open price was 2.06. Golden Matrix has about a 44 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of November 2024 and ending today, the 17th of December 2024. Click here to learn more.
Business Domain Media & Entertainment | IPO Date 30th of October 2009 | Category Communication Services |
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators. Golden Matrix Group, Inc. was incorporated in 2008 and is based in Las Vegas, Nevada. Golden Matrix operates under Electronic Gaming Multimedia classification in the United States and is traded on NASDAQ Exchange. The company has 128.9 M outstanding shares of which 894.81 K shares are currently shorted by private and institutional investors with about 15.81 trading days to cover. More on Golden Matrix Group
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Golden Stock Highlights
Golden Matrix Group (GMGI) is traded on NASDAQ Exchange in USA. It is located in 3651 Lindell Road, Las Vegas, NV, United States, 89103 and employs 1,200 people. Golden Matrix is listed under Movies & Entertainment category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 257.81 M. Golden Matrix Group conducts business under Entertainment sector and is part of Communication Services industry. The entity has 128.9 M outstanding shares of which 894.81 K shares are currently shorted by private and institutional investors with about 15.81 trading days to cover.
Golden Matrix Group currently holds about 15.87 M in cash with 2.21 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.56.
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Ownership AllocationGolden Matrix Group has a total of 128.9 Million outstanding shares. Golden Matrix retains majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 85.17 (percent) of Golden Matrix outstanding shares that are owned by insiders attests that they have been buying or selling the stock in recent months in anticipation of some upcoming event. 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.
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Golden Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Goldman Sachs Group Inc | 2024-09-30 | 29.3 K | |
| Barclays Plc | 2024-09-30 | 29.2 K | |
| Nuveen Asset Management, Llc | 2024-09-30 | 26.5 K | |
| Cambridge Invest Research Advisors, Inc. | 2024-09-30 | 24.4 K | |
| Rhumbline Advisers | 2024-09-30 | 21.7 K | |
| Jane Street Group Llc | 2024-06-30 | 18.7 K | |
| Virtu Financial Llc | 2024-06-30 | 15 K | |
| Citigroup Inc | 2024-09-30 | 14.6 K | |
| Steward Partners Investment Advisory, Llc | 2024-09-30 | 14 K | |
| Blackrock Inc | 2024-06-30 | 1.1 M | |
| Geode Capital Management, Llc | 2024-09-30 | 545.1 K |
Golden Matrix Group Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. Golden Matrix market risk premium is the additional return an investor will receive from holding Golden Matrix long position in a well-diversified portfolio.
| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.59) | |||
| Treynor Ratio | (0.90) |
Golden Stock Against Markets
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Golden Matrix Group. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Golden Matrix. If investors know Golden will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Golden Matrix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (1.00) | Earnings Share (0.02) | Revenue Per Share 2.391 | Quarterly Revenue Growth 0.748 | Return On Assets 0.0014 |
The market value of Golden Matrix Group is measured differently than its book value, which is the value of Golden that is recorded on the company's balance sheet. Investors also form their own opinion of Golden Matrix's value that differs from its market value or its book value, called intrinsic value, which is Golden Matrix's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Golden Matrix's market value can be influenced by many factors that don't directly affect Golden Matrix's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Golden Matrix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Golden Matrix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Golden Matrix's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.