Gaming Realms (LON:GMR) Announces Quarterly Earnings Results

Gaming Realms (LON:GMR) announced its earnings results on Tuesday. The company reported GBX 0.87 EPS for the quarter, Digital Look Earnings reports. Gaming Realms had a return on equity of 15.38% and a net margin of 18.97%.

Gaming Realms Price Performance

Shares of LON GMR opened at GBX 29.89 on Tuesday. Gaming Realms has a twelve month low of GBX 29 and a twelve month high of GBX 50. The firm has a fifty day simple moving average of GBX 30.62 and a 200 day simple moving average of GBX 31.57. The company has a market capitalization of £80.50 million, a PE ratio of 15.65 and a beta of 0.53. The company has a quick ratio of 1.23, a current ratio of 4.88 and a debt-to-equity ratio of 1.91.

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 Tuesday. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 56.

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.