AGAE Stock Summary and Trading Ideas (Allied Gaming & Entertainment | NASDAQ:AGAE)

Allied Gaming & Entertainment Inc is an experiential entertainment company focused on providing a growing world of gamers with various experiences through renowned assets, products, and services.

Allied Gaming & Entertainment trades on the NASDAQ stock market under the symbol AGAE.

As of December 20, 2024, AGAE stock price climbed to $0.73 with 58,676 million shares trading.

AGAE has a beta of 1.31, meaning it tends to be more sensitive to market movements. AGAE has a correlation of 0.04 to the broad based SPY ETF.

AGAE has a market cap of $32.20 million. This is considered a Sub-Micro Cap stock.

The top ETF exchange traded funds that AGAE belongs to (by Net Assets): VTI, VXF.

AGAE has underperformed the market in the last year with a price return of -46.7% while the SPY ETF gained +27.8%. AGAE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -51.3% and -16.7%, respectively, while the SPY returned +4.4% and -2.4%, respectively.

AGAE support price is $.67 and resistance is $.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that AGAE shares will trade within this expected range on the day.