Gaming Realms (LON:GMR) Rating Reiterated by Canaccord Genuity Group

Gaming Realms (LON:GMR)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity Group in a research report issued on Wednesday, MarketBeat reports. They presently have a GBX 50 ($0.65) price target on the stock. Canaccord Genuity Group’s price target points to a potential upside of 25.00% from the stock’s current price.

Gaming Realms Stock Performance

Shares of LON GMR opened at GBX 40 ($0.52) on Wednesday. The business’s 50-day simple moving average is GBX 38.71 and its 200-day simple moving average is GBX 37.21. The company has a debt-to-equity ratio of 0.76, a quick ratio of 1.23 and a current ratio of 3.64. Gaming Realms has a 52 week low of GBX 29.45 ($0.39) and a 52 week high of GBX 43 ($0.56). The firm has a market cap of £117.93 million, a price-to-earnings ratio of 2,000.00 and a beta of 1.42.

Gaming Realms Company Profile

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.