Gaming Realms (LON:GMR) Posts Quarterly Earnings Results

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

Gaming Realms Stock Performance

LON:GMR traded down GBX 0.40 during mid-day trading on Tuesday, reaching GBX 29.80. The company’s stock had a trading volume of 250,025 shares, compared to its average volume of 682,555. The company has a current ratio of 4.88, a quick ratio of 1.23 and a debt-to-equity ratio of 1.91. The stock has a market cap of £80.26 million, a P/E ratio of 15.60 and a beta of 0.53. The firm’s fifty day moving average price is GBX 30.62 and its two-hundred day moving average price is GBX 31.57. Gaming Realms has a 12-month low of GBX 29 and a 12-month high of GBX 50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 56 price objective on shares of Gaming Realms in a research report on Tuesday. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus 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.