Shares of Gambling.com Group Limited (NASDAQ:GRSD – Get Free Report) have been given an average recommendation of “Moderate Buy” by the nine ratings firms that are presently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating, four have issued a buy rating and one has given a strong buy rating to the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $6.43.
GRSD has been the subject of several recent research reports. Weiss Ratings reissued a “sell (d)” rating on shares of Gambling.com Group in a research report on Monday, September 14th. Zacks Research upgraded Gambling.com Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 25th. Finally, Truist Financial cut their target price on shares of Gambling.com Group from $5.00 to $3.00 and set a “hold” rating for the company in a research note on Monday, July 20th.
View Our Latest Research Report on GRSD
Institutional Trading of Gambling.com Group
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Royal Bank of Canada increased its position in Gambling.com Group by 827.6% during the 1st quarter. Royal Bank of Canada now owns 25,185 shares of the company’s stock worth $98,000 after purchasing an additional 22,470 shares in the last quarter. Cetera Investment Advisers acquired a new position in Gambling.com Group during the first quarter valued at approximately $107,000. Sei Investments Co. acquired a new position in Gambling.com Group during the first quarter valued at approximately $109,000. Bank of New York Mellon Corp lifted its position in Gambling.com Group by 24.2% during the first quarter. Bank of New York Mellon Corp now owns 44,795 shares of the company’s stock valued at $174,000 after buying an additional 8,737 shares in the last quarter. Finally, Strs Ohio grew its stake in Gambling.com Group by 41.9% during the first quarter. Strs Ohio now owns 137,900 shares of the company’s stock worth $535,000 after buying an additional 40,700 shares during the period. Hedge funds and other institutional investors own 72.26% of the company’s stock.
Gambling.com Group Trading Down 0.8%
Shares of GRSD stock opened at $1.28 on Tuesday. The stock has a market cap of $44.93 million, a P/E ratio of -1.23 and a beta of 0.57. The company has a quick ratio of 0.59, a current ratio of 0.59 and a debt-to-equity ratio of 1.10. Gambling.com Group has a fifty-two week low of $1.25 and a fifty-two week high of $7.84. The business has a fifty day simple moving average of $1.66 and a 200-day simple moving average of $2.30.
Gambling.com Group Company Profile
Gambling.com Group Limited is a digital marketing and online gambling services company that operates websites designed to help consumers research and compare online sports betting and casino options. Its platforms generate revenue primarily through performance marketing, including referrals and other marketing arrangements with licensed gambling operators.
The company’s portfolio includes Gambling.com, Bookies.com, Rotogrinders and VegasInsider, which provide sportsbook and casino reviews, promotional offers, odds, betting insights, fantasy sports content and other gambling-related information.
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