Golden Matrix Group Inc [GMGI] stock prices are up 0.49% to $2.06 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The GMGI shares have gain 8.99% over the last week, with a monthly amount drifted -0.48%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Golden Matrix Group Inc [NASDAQ: GMGI] stock has seen the most recent analyst activity on February 21, 2025, when Maxim Group initiated its Buy rating and assigned the stock a price target of $4.
The stock price of Golden Matrix Group Inc [GMGI] has been fluctuating between $1.70 and $6.27 over the past year. Currently, Wall Street analysts expect the stock to reach $3 within the next 12 months. Golden Matrix Group Inc [NASDAQ: GMGI] shares were valued at $2.06 at the most recent close of the market. An investor can expect a potential return of 45.63% based on the average GMGI price forecast.
Analyzing the GMGI fundamentals
The Golden Matrix Group Inc [NASDAQ:GMGI] reported sales of 151.12M for trailing twelve months, representing a surge of 287.18%. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is -0.01%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is 0.01. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.42.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 2.02 points at the first support level, and at 1.97 for the second support level. However, for the 1st resistance point, the stock is sitting at 2.10, and for the 2nd resistance point, it is at 2.13.
Ratios To Look Out For
It’s worth pointing out that Golden Matrix Group Inc [NASDAQ:GMGI]’s Current Ratio is 0.71. In addition, the Quick Ratio stands at 0.65 and the Cash Ratio stands at 0.55. Considering the valuation of this stock, the price to sales ratio is 1.80, the price to book ratio is 2.53 and price to earnings (TTM) ratio is 542.11.
Transactions by insiders
Recent insider trading involved Milovanovic Aleksandar, Member of 10% Reporting Group, that happened on Apr 15 ’25 when 0.15 million shares were purchased. Member of 10% Reporting Group, Milovanovic Aleksandar completed a deal on Apr 14 ’25 to buy 0.15 million shares. Meanwhile, Member of 10% Reporting Group Milovanovic Aleksandar bought 4800.0 shares on Apr 10 ’25.
