Gaming Realms’ (GMR) Buy Rating Reiterated at Canaccord Genuity Group

Gaming Realms (LON:GMR)‘s stock had its “buy” rating reissued by investment analysts at Canaccord Genuity Group in a research report issued to clients and investors on Tuesday,Digital Look reports. They currently have a GBX 56 price objective on the stock. Canaccord Genuity Group’s price objective indicates a potential upside of 83.61% from the stock’s current price.

Gaming Realms Stock Performance

Gaming Realms stock traded up GBX 0.50 during trading hours on Tuesday, hitting GBX 30.50. The company had a trading volume of 773,272 shares, compared to its average volume of 750,304. The firm has a 50-day moving average of GBX 31.21 and a 200 day moving average of GBX 33.18. The company has a debt-to-equity ratio of 1.91, a current ratio of 4.88 and a quick ratio of 1.23. The firm has a market cap of £83.13 million, a PE ratio of 15.97 and a beta of 0.53. Gaming Realms has a one year low of GBX 29 and a one year high of GBX 55.

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.