Gamehaus Holdings Inc. (NASDAQ:GMHS – Get Free Report) passed 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.
Analysts Set New Price Targets
Separately, Weiss Ratings downgraded shares of Gamehaus from a “sell (d+)” rating to a “sell (d)” rating in a research report on Wednesday, August 5th. One analyst has rated the stock with a Sell rating. According to data from MarketBeat, Gamehaus has a consensus rating of “Sell”.
Check Out Our Latest Stock Analysis on GMHS
Gamehaus Trading Up 6.3%
The stock’s 50 day moving average price is $0.69 and its 200 day moving average price is $0.88. The firm has a market cap of $37.06 million, a PE ratio of 7.69 and a beta of 0.66.
Gamehaus (NASDAQ:GMHS – Get Free Report) last posted its earnings results on Tuesday, September 8th. The company reported $0.02 earnings per share for the quarter. Gamehaus had a net margin of 4.39% and a return on equity of 12.53%. The business had revenue of $24.33 million for the quarter.
About Gamehaus
Gamehaus Holdings Inc is a mobile game developer and publisher. Gamehaus Holdings Inc is headquartered in Beijing, China.
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