GMGI Should I Buy
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$
0.000
0.000(0.000%)
At close0.000(0.000%)Aft-market
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Golden Matrix Group Inc (GMGI) is not a strong buy for a beginner investor with a long-term focus at this time. The technical indicators are bearish, and the financial performance shows declining net income and EPS despite revenue growth. Additionally, no significant positive trading signals or catalysts are present to justify immediate investment.
The stock exhibits bearish technical indicators. The MACD is negatively expanding, RSI is neutral at 40.255, and moving averages show a bearish trend (SMA_200 > SMA_20 > SMA_5). The price is trading below key pivot levels, with support at 0.589 and resistance at 0.669.
Golden Matrix Group recently signed a content distribution agreement with Lobbet, enhancing its B2B growth strategy and market presence in Montenegro's regulated gaming sector.
Additionally, there are no significant insider or hedge fund trading trends, and the broader market (S&P
is down by -1.54%.
In Q3 2025, revenue increased by 15.43% YoY to $47,316,308, but net income dropped by -116.62% YoY to $566,014, and EPS fell to 0 (-100% YoY). Gross margin improved slightly to 55.77% (+2.05% YoY).
No recent analyst rating or price target changes are available for GMGI.
