Gaming Realms (LON:GMR) Sets New 12-Month Low – Should You Sell?

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

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 56 target price on shares of Gaming Realms in a research report on Tuesday, September 8th. One investment analyst has rated the stock with a Buy rating. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of GBX 56.

Gaming Realms Trading Down 1.7%

The company has a debt-to-equity ratio of 1.77, a current ratio of 4.23 and a quick ratio of 1.23. The business has a 50-day moving average of GBX 30.51 and a 200-day moving average of GBX 31.41. The firm has a market cap of £79.12 million, a price-to-earnings ratio of 15.74 and a beta of 0.53.

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