GAN Limited (GAN): Technical Analysis and analyst Ratings

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GAN Limited (NASDAQ:GAN) changes shares on Monday trading session, with a change of 17.81% or $3.24 shares. The trading starts at $18.18 and closed at $18.19 throughout the day. The trading session low price was $18.00 and day high was $21.45 on Monday, June 15. After the session, the Consumer Cyclical sector daily volume shifted to 3.4 million while its average volume is 1.24M. In other hand, the GAN market cap reached to $1.79B. While, its current target price is $21.43 according to WSJ.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.56% and up 49.34% for month. Its quarterly performance was 495.28% above, while its half year performance is up 408.79%. GAN performance rise 120.47% for year-to-date. Current recommendation for GAN Limited is 2.00.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. GAN EPS (TTM) for 12-month is -0.04. EPS for this year is -54.50%, while for the next year its value is 0.30. Its EPS Q/Q reached 128.20%. It has an EPS of -39.00% down for past five years.

Let’s take a look on the analyst recommendations on GAN for the current month and previous month. For the current month, 3 of 3 analysts recommend stock as Buy while 0 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 2 analysts participate in stock recommendation. Out of 2, 0 rated it sell, 2 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $24.00-$25.00. Average target price for GAN was reached at $24.33.

The insider ownership moved to 47.27% and institutional holding shifted to 31.90%.

The company posted an EPS (TTM) of -0.04. According to the most recent quarter report on (Mar 2020), 2 analysts estimated an average EPS of 0.04. Analyst Estimated EPS for GAN published in the report was 0.02-0.06 during the same period.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for GAN rise 195.14% for period of 200 days. SMA for 50 days was 62.17% which is showing green signal, while SMA-20 was 18.00%. The moving average value for GAN Limited (GAN) is 17.15 and 17.15 for 200 and 50 days respectively.