Gaming Realms (LON:GMR) Issues Quarterly Earnings Results

Gaming Realms (LON:GMR) issued its earnings results on Tuesday. The company reported GBX 0.87 earnings per share 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 Price Performance

Shares of LON GMR opened at GBX 30.08 on Tuesday. The stock has a market cap of £81.01 million, a PE ratio of 15.75 and a beta of 0.53. Gaming Realms has a fifty-two week low of GBX 29 and a fifty-two week high of GBX 50. The company has a debt-to-equity ratio of 1.91, a quick ratio of 1.23 and a current ratio of 4.88. The stock has a fifty day moving average of GBX 30.62 and a 200-day moving average of GBX 31.57.

Analysts Set New Price Targets

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

About Gaming Realms

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.