How to Buy Golden Matrix Group Stock
Golden Matrix Group Inc
Golden Matrix Group, Inc. provides enterprise software-as-a-service solutions for online casino and sports betting operators.
Golden Matrix Group stock last closed at $4.86, up 15.71% from the previous day, and has increased 118.92% in one year. It has overperformed other stocks in the Electronic Gaming & Multimedia industry by 1.15 percentage points. Golden Matrix Group stock is currently +149.23% from its 52-week low of $1.95, and -1.02% from its 52-week high of $4.91.
As of May 6, 2024, there are 36.62M shares of GMGI outstanding. The market capitalization of GMGI is $177.95M. In the last 24 hours, 229,069 GMGI shares were traded.
How to Buy Golden Matrix Group Stock
Not sure how to invest in Golden Matrix Group stock? Here's how.
- Figure out where to buy Golden Matrix Group stock: You need to decide on an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you determine where to buy Golden Matrix Group stock.
- Create your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Pick your payment method and add your info.
- Analyze Golden Matrix Group stock: The Golden Matrix Group ticker symbol is GMGI. Is Golden Matrix Group stock a good investment? Should you buy shares of GMGI? How do GMGI's underlying business fundamentals look? Do top analysts think Golden Matrix Group is a good buy? Why has GMGI's stock price moved recently? (Hint: Our stock market analysis tools can help you evaluate if GMGI is a good stock to buy).
- Place your GMGI trade: Decide if you will purchase GMGI shares at the current market price or use a limit order to purchase GMGI stock at a given price.
- Track your GMGI investment: Create a watchlist to important updates regarding your position in Golden Matrix Group shares.
Step 1: Figure out where to buy Golden Matrix Group stock
You need an online brokerage account in order to access the NASDAQ market and buy GMGI stock.
Our recommended brokerage: eToro
In our opinion, eToro is the best online stock brokerage. Here's why:
- Invest in stocks with 0% commissions: Invest without commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
- Access to world financial markets: From Technology to Utilities, New York to Tokyo — you can fill your portfolio with stocks from the globe's top stock exchanges.
- Social investing: eToro has a community of more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other financial assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by opening an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, the next step is to fill out some personal info so you can buy GMGI today.
How to Create a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal details to create your new trading account.
- Submit your details by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on the stocks app, you can securely and quickly fund your account:
Check out this video walkthrough for more details depositing money into your investment account.
Step 4: Analyze Golden Matrix Group stock
After you have chosen the best place to buy Golden Matrix Group stock, it's crucial to research their stock before you invest, so you truly comprehend the risk as well as the upside.
Golden Matrix Group quick stats
GMGI Zen Score
WallStreetZen was built to help everyday investors perform more in-depth fundamental analysis.
You can see all of the due diligence checks on GMGI's stock page.
Is GMGI stock properly valued?
Investors use many financial metrics, analyses, models, and charts to gauge GMGI's true value.
Using relative valuations metrics:
- GMGI could be overvalued based on its P/B ratio of 5.54x, relative to Electronic Gaming & Multimedia industry P/B ratio of 4.3x
You can do more valuation research on GMGI's stock here.
How do GMGI Financials look?
Signs that GMGI is financially healthy:
- GMGI has a low debt to equity ratio of 0.15.
- GMGI earnings of $157.08k is not sufficient to cover its interest payments.
- GMGI's operating cash flow of $1.81M allows it to safely service it's debt of $338.16k.
- There are more short-term assets than short-term liabilities on the GMGI balance sheet.
- There are more short-term assets than long-term liabilities on the GMGI balance sheet.
- GMGI profit margin has gone up from -2.7% to -1.4% in the past year.
GMGI Trading Indicators
GMGI Performance Numbers
Last year, GMGI revenue was $45.24M. During the last three year, GMGI's revenue has increased by 197.14% per year. This was faster than the Electronic Gaming & Multimedia industry average of 20.45%.
Find out more about GMGI's earnings and revenue performance here.
Are GMGI insiders buying or selling the stock?
Over the past 12 months, insiders at GMGI have sold more shares than they have bought.
Weiting Feng, Chief Operating Officer of GMGI, was the latest GMGI insider to sell. They sold $62,908.00 worth of GMGI stock on Apr 24, 2024.
Learn more about who owns GMGI shares here.
Can I rely on GMGI as an income stream?
No, Golden Matrix Group doesn't provide an income stream by paying out dividends.
Get opinions from other traders
One of the major reasons eToro is our favorite brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Place your GMGI trade
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are mostly fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.
Hit the Open button and your broker will place your order.
If you need more help buying stocks on eToro, click the how to video below:
Step 6: Track your GMGI investment
Now that you own some shares in GMGI, you'll want to keep up with your new investment.
Put GMGI on a watchlist to see the latest developments about your GMGI stock.
GMGI Feed
How to Buy Stock in Golden Matrix Group
To summarize, here are the 6 steps for buying Golden Matrix Group stock:
- Figure out where to buy Golden Matrix Group stock
- Create your brokerage account
- Fund your brokerage account
- Analyze Golden Matrix Group stock
- Place your GMGI trade
- Track your GMGI investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to monitor your new investment in Golden Matrix Group, create a watchlist on WallStreetZen today.
Related Stock Buying Guides
FAQ
Company
AboutNewsBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeNewsletterInformation is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.