Gaming Realms (LON:GMR) Share Price Passes Below 200 Day Moving Average – Here’s What Happened
by Renee Jackson · The Cerbat GemGaming Realms plc (LON:GMR – Get Free Report) shares passed below its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 31.54 and traded as low as GBX 29.80. Gaming Realms shares last traded at GBX 29.80, with a volume of 840,142 shares traded.
Wall Street Analysts Forecast Growth
Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 56 target price on shares of Gaming Realms in a report on Tuesday, September 8th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 56.
View Our Latest Analysis on Gaming Realms
Gaming Realms Price Performance
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 company has a 50-day simple moving average of GBX 30.61 and a two-hundred day simple moving average of GBX 31.55. The stock has a market capitalization of £82.15 million, a price-to-earnings ratio of 15.97 and a beta of 0.53.
Gaming Realms (LON:GMR – Get Free Report) last posted 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%. On average, equities research analysts predict 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.