Canaccord Genuity Group Reiterates “Buy” Rating for Gaming Realms (LON:GMR)

Gaming Realms (LON:GMR)‘s stock had its “buy” rating reiterated by stock analysts at Canaccord Genuity Group in a research note issued on Tuesday, London Stock Exchange reports. They currently have a GBX 56 price objective on the stock. Canaccord Genuity Group’s price objective suggests a potential upside of 89.19% from the company’s previous close.

Gaming Realms Trading Down 2.0%

Shares of Gaming Realms stock opened at GBX 29.60 on Tuesday. Gaming Realms has a twelve month low of GBX 29 and a twelve month high of GBX 50. The company has a quick ratio of 1.23, a current ratio of 4.88 and a debt-to-equity ratio of 1.91. The business has a 50-day moving average price of GBX 30.62 and a 200-day moving average price of GBX 31.57. The firm has a market cap of £79.72 million, a price-to-earnings ratio of 15.50 and a beta of 0.53.

Gaming Realms (LON:GMR) last posted its earnings results on Tuesday, September 8th. The company reported GBX 0.87 EPS for the quarter. Gaming Realms had a return on equity of 15.38% and a net margin of 18.97%. Equities research analysts anticipate that Gaming Realms will post 3.6954315 EPS for the current fiscal year.

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.