Gaming Realms (LON:GMR) Announces Quarterly Earnings Results

Gaming Realms (LON:GMR) released its quarterly earnings results on Monday. The company reported GBX 3 ($0.04) EPS for the quarter, Digital Look Earnings reports. Gaming Realms had a net margin of 26.35% and a return on equity of 25.57%.

Gaming Realms Trading Up 0.5 %

LON GMR traded up GBX 0.20 ($0.00) on Wednesday, hitting GBX 37.30 ($0.48). 617,730 shares of the company were exchanged, compared to its average volume of 690,938. The company has a debt-to-equity ratio of 0.14, a current ratio of 4.47 and a quick ratio of 1.23. Gaming Realms has a twelve month low of GBX 29.45 ($0.38) and a twelve month high of GBX 43 ($0.56). The firm has a market capitalization of £109.70 million, a P/E ratio of 16.34 and a beta of 1.42. The company’s 50 day moving average price is GBX 37.22 and its 200-day moving average price is GBX 36.77.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group raised their target price on shares of Gaming Realms from GBX 50 ($0.65) to GBX 57 ($0.74) and gave the stock a “buy” rating in a report on Monday.

About Gaming Realms

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.