Gaming Realms (LON:GMR) Issues Quarterly Earnings Results

Gaming Realms (LON:GMR) announced its quarterly earnings data on Tuesday. The company reported GBX 0.87 EPS 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

GMR traded down GBX 0.18 on Wednesday, reaching GBX 29.82. The company had a trading volume of 382,422 shares, compared to its average volume of 681,350. Gaming Realms has a 52-week low of GBX 29 and a 52-week high of GBX 50. The company has a market cap of £80.33 million, a price-to-earnings ratio of 15.61 and a beta of 0.53. 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 business has a 50 day simple moving average of GBX 30.62 and a 200 day simple moving average of GBX 31.56.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group restated a “buy” rating and issued a GBX 56 target price on shares of Gaming Realms in a research note on Tuesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of GBX 56.

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.