Gaming Realms (LON:GMR) Sets New 1-Year Low – Time to Sell?

Shares of Gaming Realms plc (LON:GMRGet Free Report) hit a new 52-week low on Monday . The stock traded as low as GBX 29.50 and last traded at GBX 29.50, with a volume of 146369 shares traded. The stock had previously closed at GBX 30.40.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 56 price objective on shares of Gaming Realms in a research note on Monday, March 30th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of GBX 65.50.

Check Out Our Latest Stock Analysis on GMR

Gaming Realms Stock Performance

The stock has a market capitalization of £80.73 million, a price-to-earnings ratio of 15.45 and a beta of 0.53. The company has a current ratio of 4.88, a quick ratio of 1.23 and a debt-to-equity ratio of 1.91. The firm has a 50-day moving average of GBX 32.62 and a 200-day moving average of GBX 34.60.

Gaming Realms (LON:GMRGet Free Report) last issued its quarterly earnings results on Monday, March 30th. The company reported GBX 2.03 earnings per share for the quarter. Gaming Realms had a net margin of 18.97% and a return on equity of 15.38%. The company had revenue of GBX 3,137 million for the quarter. As a group, sell-side analysts predict that Gaming Realms plc will post 3.6954315 earnings per share for the current year.

Gaming Realms Company Profile

(Get Free Report)

Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.

Further Reading

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