High Roller Technologies (NYSEAMERICAN:ROLR) Earns Buy Rating from Analysts at Alliance Global Partners

Analysts at Alliance Global Partners initiated coverage on shares of High Roller Technologies (NYSEAMERICAN:ROLR) in a report released on Wednesday, MarketBeat Ratings reports. The brokerage set a “buy” rating and a $20.00 price target on the stock. Alliance Global Partners’ price target would indicate a potential upside of 197.18% from the stock’s current price.

High Roller Technologies Trading Down 2.9%

Shares of ROLR stock opened at $6.73 on Wednesday. High Roller Technologies has a 1 year low of $1.16 and a 1 year high of $33.68. The business’s 50 day moving average is $6.04.

High Roller Technologies (NYSEAMERICAN:ROLR) last posted its quarterly earnings data on Tuesday, May 12th. The company reported ($0.12) earnings per share for the quarter. High Roller Technologies had a return on equity of 8.69% and a net margin of 18.64%.The company had revenue of $3.37 million during the quarter.

Hedge Funds Weigh In On High Roller Technologies

An institutional investor recently bought a new position in High Roller Technologies stock. Renaissance Technologies LLC bought a new stake in shares of High Roller Technologies, Inc. (NYSEAMERICAN:ROLR) during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 63,799 shares of the company’s stock, valued at approximately $222,000. Renaissance Technologies LLC owned 0.58% of High Roller Technologies at the end of the most recent quarter.

About High Roller Technologies

High Roller Technologies, Inc is an evolving and growth-oriented global online gaming operator. We offer a compelling real money online casino platform. We define the term platform (“Platform”) as the fusion of our technical IP, commercial partnerships, and operational expertise including an in-house developed domain customizable frontend and content management system (CMS) which offers enhanced search engine optimization, direct API integrations, faster load times, and better scalability. We utilize a third party player account management system (PAM) that offers us a high level of control over game integrations, payment provider solutions, and overall player management.