Gaming Realms (LON:GMR) Sets New 52-Week Low – Here’s What Happened

Gaming Realms plc (LON:GMR) shares hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 29.50 and last traded at GBX 29.50, with a volume of 146369 shares changing hands. The stock had previously closed at GBX 30.40.

Wall Street Analyst Weigh In

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

Gaming Realms Price Performance

The business has a 50 day moving average of GBX 32.47 and a 200 day moving average of GBX 34.44. The company has a debt-to-equity ratio of 1.91, a current ratio of 4.88 and a quick ratio of 1.23. The company has a market cap of £82.37 million, a PE ratio of 15.76 and a beta of 0.53.

Gaming Realms (LON:GMR) last released its 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 firm had revenue of GBX 3,137 million for the quarter. As a group, research analysts predict that Gaming Realms plc will post 3.6954315 EPS for the current year.

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.