Golden Matrix Group Stock In The News

GMGI Stock  USD 2.77  0.25  9.92%   
Our overall analysis of Golden Matrix's news coverage and content from conventional and social sources shows investors' bearish mood towards Golden Matrix Group. The specific impact of Golden Matrix news on its stock price will depend on a range of factors, including the nature and significance of the news report and investors' perceptions of Golden Matrix's overall financial health and prospects. It also depends on the type and quality of a news publisher.
  
Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using Golden Matrix headlines in addition to utilizing other, more conventional financial analysis modules. Check out Golden Matrix Backtesting and Golden Matrix Hype Analysis.

Golden Matrix Today Top News and Investor Outlook

Yahoo News
Golden Matrix Gets on a Heater After MeridianBet Win
https://finance.yahoo.com/news/golden-matrix-gets-heater-meridianbet-131350421.html
 Bullish
Yahoo News
Golden Matrix Gets on a Heater After MeridianBet Win
https://finance.yahoo.com/news/golden-matrix-gets-heater-meridianbet-131350283.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix Achieves Record Revenues Exceeding $44 Million in Fiscal 2023
https://www.globenewswire.com/news-release/2023/11/21/2784096/0/en/Golden-Matrix-Achieves-Record-Revenues-Exceeding-44-Million-in-Fiscal-2023.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix Provides Corporate Update on Pending Acquisition
https://www.globenewswire.com/news-release/2023/10/04/2754662/0/en/Golden-Matrix-Provides-Corporate-Update-on-Pending-Acquisition.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix Reports Third Quarter Financial Results
https://www.globenewswire.com/news-release/2023/09/07/2739340/0/en/Golden-Matrix-Reports-Third-Quarter-Financial-Results.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix Achieves Record Third Quarter Revenues Exceeding $11 Million
https://www.globenewswire.com/news-release/2023/08/11/2723532/0/en/Golden-Matrix-Achieves-Record-Third-Quarter-Revenues-Exceeding-11-Million.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix Provides Corporate Update
https://www.globenewswire.com/news-release/2023/07/12/2703471/0/en/Golden-Matrix-Provides-Corporate-Update.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix and MeridianBet Sign Amended and Restated Purchase Agreement
https://www.globenewswire.com/news-release/2023/06/30/2697742/0/en/Golden-Matrix-and-MeridianBet-Sign-Amended-and-Restated-Purchase-Agreement.html
 Bullish
Macroaxis News: globenewswire.com
Golden Matrix Reports Second Quarter Financial Results
https://www.globenewswire.com/news-release/2023/06/14/2688061/0/en/Golden-Matrix-Reports-Second-Quarter-Financial-Results.html
 Bullish
Macroaxis News: globenewswire.com
Reminder: Golden Matrix CEO Brian Goodman to Host Business Update Webcast
https://www.globenewswire.com/news-release/2023/04/24/2652652/0/en/Reminder-Golden-Matrix-CEO-Brian-Goodman-to-Host-Business-Update-Webcast.html
 Neutral

Golden Matrix Group Past News Timeline

Popular news outlets such as MarketWatch, Bloomberg, or Reuters provide Golden and other traded companies coverage with news coverage. We help investors stay connected with Golden headlines for the 21st of November to make an informed investment decision based on correlating the impacts of news items on Golden Stock performance. Please note that trading solely based on the Golden Matrix Group hype is not for everyone as timely availability and quick action are needed to avoid losses.
Golden Matrix's linear event process diagram shows some of the filtered current and past headlines as well as many other corporate-specific events such as SEC filings, dividends, and regulatory reporting available to the public. This module can help Golden Matrix Group investors visualize upcoming and past events in order to time the market based on Golden Matrix Group noise-free hype analysis.
Golden Matrix stock price changes are notoriously difficult to predict based exclusively on its news coverage or social hype. Still, the Golden earnings-per-share ratio is a good starting point for gauging a company's future prospects. If a firm's EPS rises and meets or even beats consensus forecasts, its shares stand to increase. However, some very sophisticated investors can spot management manipulation of EPS through actions such as buybacks.
Far too much social signal, news, headlines, and media speculation about Golden Matrix that are available to investors today. That information is available publicly through Golden media outlets and privately through word of mouth or via Golden internal channels. However, regardless of the origin, that massive amount of Golden data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Golden Matrix news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Golden Matrix relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Golden Matrix's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Golden Matrix alpha.

Golden Matrix Stock Latest Headlines

Some academic researchers believe in a strong correlation between financial news and their impacts on the movements of stock prices. Macroaxis does not take a position on this subject and only provides tools that can help investors to time the market using conventional financial analysis. Below is the latest headlines and news related to Golden Matrix Group Stock. Current markets are slightly bearish. About 51% of major world exchanges and indexes are down. See today's market update for more information.
Investing News at Macroaxis
14th of November 2024
Golden Matrix Group insider buys 4,032 in stock
at investing.com 
Macroaxis News: globenewswire.com
12th of November 2024
Acquisition by Milovanovic Aleksandar of 1499 shares of Golden Matrix at 2.69 subject to R...
at globenewswire.com 
Simply Wall St News at Macroaxis
7th of November 2024
Acquisition by Milovanovic Aleksandar of 30000 shares of Golden Matrix at 2.92 subject to ...
at simplywall.st 
Yahoo News
5th of November 2024
Golden Matrix Group to Announce Third Quarter Financial Results on November 12, 2024
at finance.yahoo.com 
Investing News at Macroaxis
31st of October 2024
Golden Matrix Group investor Aleksandar Milovanovic buys 82,085 in stock
at investing.com 
Macroaxis News
30th of October 2024
Acquisition by Milovanovic Aleksandar of 25000 shares of Golden Matrix at 2.45 subject to ...
at MacroaxisInsider 
Yahoo News
24th of October 2024
Meridianbet Launches Industry-Leading NBA Betting Offer with Over 2,000 Markets Per Game
at finance.yahoo.com 
Google News at Macroaxis
8th of October 2024
Golden Matrix reports board election results - Investing.com India
at news.google.com 
Macroaxis News: globenewswire.com
3rd of October 2024
Golden Matrix Group Subsidiary Meridianbet Shortlisted as an Eligible Operator in Brazil, ...
at globenewswire.com 
Macroaxis News: globenewswire.com
12th of September 2024
Golden Matrix Group Reports Record-Breaking August Performance by Subsidiary Meridianbet
at globenewswire.com 

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Golden Matrix in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Golden Matrix's short interest history, or implied volatility extrapolated from Golden Matrix options trading.
When determining whether Golden Matrix Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Golden Matrix's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Golden Matrix Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Golden Matrix Group Stock:
Check out Golden Matrix Backtesting and Golden Matrix Hype Analysis.
You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
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.