Gamehaus (NASDAQ:GMHS) Shares Up 4% – Here’s What Happened

by · The Markets Daily

Gamehaus Holdings Inc. (NASDAQ:GMHS – Get Free Report) shares shot up 4% on Thursday . The stock traded as high as $1.03 and last traded at $1.03. 2,227 shares changed hands during trading, a decline of 85% from the average session volume of 14,486 shares. The stock had previously closed at $0.99.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Gamehaus in a research note on Monday, December 29th. One analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the company has an average rating of “Sell”.

Get Our Latest Stock Analysis on GMHS

Gamehaus Stock Down 5.0%

The stock has a market capitalization of $52.39 million, a PE ratio of 13.97 and a beta of 0.26. The firm’s fifty day moving average price is $1.02 and its two-hundred day moving average price is $1.32.

Gamehaus (NASDAQ:GMHS – Get Free Report) last posted its earnings results on Tuesday, November 25th. The company reported $0.04 EPS for the quarter. The company had revenue of $27.73 million during the quarter.

Institutional Investors Weigh In On Gamehaus

An institutional investor recently bought a new position in Gamehaus stock. Virtu Financial LLC bought a new stake in shares of Gamehaus Holdings Inc. (NASDAQ:GMHS – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 27,250 shares of the company’s stock, valued at approximately $39,000. Virtu Financial LLC owned about 0.05% of Gamehaus at the end of the most recent quarter. Hedge funds and other institutional investors own 63.69% of the company’s stock.

About Gamehaus

(Get Free Report)

Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.

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