Gaming Realms (LON:GMR) Stock Price Up 1.9% – Should You Buy?

by · The Cerbat Gem

Gaming Realms plc (LON:GMR – Get Free Report)’s share price shot up 1.9% during mid-day trading on Wednesday . The company traded as high as GBX 37.40 ($0.48) and last traded at GBX 37.40 ($0.48). 386,277 shares traded hands during mid-day trading, a decline of 29% from the average session volume of 547,106 shares. The stock had previously closed at GBX 36.70 ($0.47).

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 50 ($0.64) price objective on shares of Gaming Realms in a research report on Wednesday, September 11th.

Check Out Our Latest Stock Analysis on Gaming Realms

Gaming Realms Stock Performance

The company has a market capitalization of £110.27 million, a PE ratio of 1,870.00 and a beta of 1.42. The company has a current ratio of 4.47, a quick ratio of 1.23 and a debt-to-equity ratio of 0.51. The business’s fifty day moving average is GBX 36.31 and its two-hundred day moving average is GBX 37.87.

About Gaming Realms

(Get Free Report)

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, Malta, Gibraltar, and internationally. The company operates through two segments, Licensing and Social Publishing. The Licensing segment is involved in brand and content licensing to partners.

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