Golden Matrix Group Stock Today
| GMGI Stock | USD 2.70 0.07 2.53% |
Performance4 of 100
| Odds Of DistressLess than 4
|
Golden Matrix is trading at 2.70 as of the 24th of November 2024. This is a 2.53 percent decrease since the beginning of the trading day. The stock's open price was 2.77. Golden Matrix has only four percent chance of going through some form of financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Golden Matrix Group are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of August 2023 and ending today, the 24th of November 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 983.2 K shares are currently shorted by private and institutional investors with about 15.81 trading days to cover. More on Golden Matrix Group
Moving together with Golden Stock
Moving against Golden Stock
Follow Valuation Profit Patterns Odds of Bankruptcy
Check how we calculate scores
Golden Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Anthony Goodman | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Thematic Ideas | (View all Themes) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Movies & Entertainment, Electronic Gaming & Multimedia, Communication Services, NASDAQ Composite, Toys, Video Games, Casinos, Communication Services, Entertainment, Electronic Gaming & Multimedia, Communication Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Debt LevelsGolden Matrix can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Golden Matrix's financial leverage. It provides some insight into what part of Golden Matrix's total assets is financed by creditors.
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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 348.04 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 983.2 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.
Check Golden Matrix Probability Of Bankruptcy
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.
Check Golden Ownership Details
Golden Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 36.8 K | |
| Morgan Stanley - Brokerage Accounts | 2024-06-30 | 36.7 K | |
| Nuveen Asset Management, Llc | 2024-06-30 | 26.5 K | |
| Cambridge Invest Research Advisors, Inc. | 2024-09-30 | 24.4 K | |
| Alpine Partners Vi, Llc | 2024-06-30 | 18.8 K | |
| Jane Street Group Llc | 2024-06-30 | 18.7 K | |
| Rhumbline Advisers | 2024-06-30 | 17.2 K | |
| Virtu Financial Llc | 2024-06-30 | 15 K | |
| Steward Partners Investment Advisory, Llc | 2024-06-30 | 14 K | |
| Blackrock Inc | 2024-06-30 | 1.1 M | |
| Geode Capital Management, Llc | 2024-06-30 | 512.9 K |
Golden Matrix Historical Income Statement
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 Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
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.