Gamehaus (NASDAQ:GMHS) Shares Cross Above 50 Day Moving Average – Here’s What Happened

Gamehaus Holdings Inc. (NASDAQ:GMHS – Get Free Report) crossed above its fifty day moving average during trading on Monday. The stock has a fifty day moving average of $0.69 and traded as high as $0.7257. Gamehaus shares last traded at $0.6919, with a volume of 300,381 shares trading hands.

Wall Street Analyst Weigh In

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 research analyst has rated the stock with a Sell rating. According to MarketBeat.com, Gamehaus currently has a consensus rating of “Sell”.

Check Out Our Latest Stock Analysis on GMHS

Gamehaus Stock Performance

The stock’s fifty day simple moving average is $0.69 and its two-hundred day simple moving average is $0.88. The company has a market cap of $37.06 million, a price-to-earnings ratio of 7.69 and a beta of 0.66.

Gamehaus (NASDAQ:GMHS – Get Free Report) last released its quarterly earnings data on Tuesday, September 8th. The company reported $0.02 EPS for the quarter. The business 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

(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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