Gaming Realms (LON:GMR) Sets New 1-Year Low – Here’s What Happened

Gaming Realms plc (LON:GMR) reached a new 52-week low during mid-day trading on Monday . The stock traded as low as GBX 29 and last traded at GBX 30, with a volume of 265880 shares traded. The stock had previously closed at GBX 30.40.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 56 price target on shares of Gaming Realms in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of GBX 56.

Gaming Realms Stock Performance

The stock’s 50-day moving average price is GBX 31.18 and its 200-day moving average price is GBX 33.11. The company has a market capitalization of £81.81 million, a price-to-earnings ratio of 15.72 and a beta of 0.53. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.23 and a current ratio of 4.88.

Gaming Realms Company Profile

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.