Gaming Realms (LON:GMR) Reaches New 1-Year Low – What’s Next?

Gaming Realms plc (LON:GMR) reached a new 52-week low during mid-day trading on Friday. The stock traded as low as GBX 29 and last traded at GBX 29.60, with a volume of 566,302 shares. The stock had previously closed at GBX 30.10.

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 report on Tuesday, September 8th. One research analyst has rated the stock with a Buy rating. According to MarketBeat, the stock presently has a consensus rating of “Buy” and an average price target of GBX 56.

Gaming Realms Stock Performance

The company has a quick ratio of 1.23, a current ratio of 4.23 and a debt-to-equity ratio of 1.77. The firm has a 50-day moving average of GBX 30.53 and a 200 day moving average of GBX 31.42. The stock has a market capitalization of £79.12 million, a P/E ratio of 15.74 and a beta of 0.53.

Gaming Realms (LON:GMR) last announced its quarterly earnings results on Tuesday, September 8th. The company reported GBX 0.87 earnings per share (EPS) for the quarter. Gaming Realms had a net margin of 18.59% and a return on equity of 15.29%. Research analysts anticipate that Gaming Realms plc will post 3.70 EPS for the current fiscal year.

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.