High Roller Technologies (NYSEAMERICAN:ROLR) Announces Quarterly Earnings Results

High Roller Technologies (NYSEAMERICAN:ROLR) issued its quarterly earnings results on Tuesday. The company reported ($0.17) earnings per share for the quarter, FiscalAI reports. High Roller Technologies had a net margin of 18.64% and a return on equity of 8.69%. The company had revenue of $2.81 million during the quarter.

High Roller Technologies Price Performance

High Roller Technologies stock traded down $0.26 on Tuesday, hitting $6.41. The company’s stock had a trading volume of 62,384 shares, compared to its average volume of 1,923,233. High Roller Technologies has a one year low of $1.16 and a one year high of $33.68. The firm has a fifty day simple moving average of $6.24.

Analysts Set New Price Targets

Separately, Alliance Global Partners initiated coverage on High Roller Technologies in a research report on Wednesday, July 22nd. They set a “buy” rating and a $20.00 target price on the stock. One analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, High Roller Technologies currently has an average rating of “Buy” and an average target price of $20.00.

Institutional Trading of High Roller Technologies

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Balefire LLC acquired a new position in High Roller Technologies in the second quarter worth about $59,000. Renaissance Technologies LLC acquired a new stake in High Roller Technologies during the first quarter valued at approximately $222,000. Finally, BlackRock Inc. bought a new stake in shares of High Roller Technologies in the 2nd quarter valued at approximately $609,000.

About High Roller Technologies

High Roller Technologies, Inc is an evolving and growth-oriented global online gaming operator. We offer a compelling real money online casino platform. We define the term platform (“Platform”) as the fusion of our technical IP, commercial partnerships, and operational expertise including an in-house developed domain customizable frontend and content management system (CMS) which offers enhanced search engine optimization, direct API integrations, faster load times, and better scalability. We utilize a third party player account management system (PAM) that offers us a high level of control over game integrations, payment provider solutions, and overall player management.