Gamehaus (NASDAQ:GMHS) Shares Down 1.4% – Time to Sell?

Gamehaus Holdings Inc. (NASDAQ:GMHS)’s stock price was down 1.4% during trading on Tuesday. The stock traded as low as $0.69 and last traded at $0.69. 6,110 shares traded hands during trading, a decline of 83% from the average daily volume of 35,386 shares. The stock had previously closed at $0.70.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings lowered shares of Gamehaus from a “sell (d+)” rating to a “sell (d)” rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Sell rating, According to MarketBeat, Gamehaus currently has a consensus rating of “Sell”.

Gamehaus Stock Down 1.4%

The firm has a 50-day moving average of $0.77 and a two-hundred day moving average of $0.89. The company has a market capitalization of $36.96 million, a PE ratio of 7.67 and a beta of 0.61.

Gamehaus (NASDAQ:GMHS) last announced its quarterly earnings results on Tuesday, September 8th. The company reported $0.02 earnings per share for the quarter. The firm had revenue of $24.33 million during the quarter. Gamehaus had a return on equity of 12.53% and a net margin of 4.39%.

Gamehaus Company Profile

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