Gaming Realms (LON:GMR) Hits New 12-Month Low – What’s Next?

Gaming Realms plc (LON:GMR)’s stock price reached a new 52-week low on Monday . The stock traded as low as GBX 29.50 and last traded at GBX 29.50, with a volume of 146369 shares trading hands. The stock had previously closed at GBX 30.40.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reiterated a “buy” rating and issued a GBX 56 target price on shares of Gaming Realms in a research note on Monday, March 30th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus price target of GBX 65.50.

Gaming Realms Trading Down 3.0%

The stock has a market capitalization of £80.73 million, a PE ratio of 15.45 and a beta of 0.53. The company’s 50 day moving average price is GBX 32.62 and its two-hundred day moving average price is GBX 34.60. The company has a debt-to-equity ratio of 1.91, a current ratio of 4.88 and a quick ratio of 1.23.

Gaming Realms (LON:GMR) last announced its quarterly earnings data on Monday, March 30th. The company reported GBX 2.03 earnings per share (EPS) for the quarter. The company had revenue of GBX 3,137 million during the quarter. Gaming Realms had a net margin of 18.97% and a return on equity of 15.38%. As a group, analysts expect that Gaming Realms plc will post 3.6954315 earnings per share for the current 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.