Gaming Realms (LON:GMR) Releases Earnings Results

Gaming Realms (LON:GMR) posted its earnings results on Tuesday. The company reported GBX 0.87 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gaming Realms had a net margin of 18.59% and a return on equity of 15.29%.

Gaming Realms Price Performance

GMR traded down GBX 0.70 during midday trading on Friday, hitting GBX 30.30. 962,638 shares of the company traded hands, compared to its average volume of 681,500. The business has a 50 day simple moving average of GBX 30.63 and a two-hundred day simple moving average of GBX 31.54. Gaming Realms has a 52-week low of GBX 29 and a 52-week high of GBX 50. The company has a market capitalization of £81.61 million, a price-to-earnings ratio of 15.86 and a beta of 0.53. The company has a current ratio of 4.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.77.

Analyst Ratings Changes

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