Gaming Realms (LON:GMR) Issues Quarterly Earnings Results

Gaming Realms (LON:GMR) issued its quarterly earnings results on Monday. The company reported GBX 3 ($0.04) EPS for the quarter, Digital Look Earnings reports. Gaming Realms had a return on equity of 25.57% and a net margin of 26.35%.

Gaming Realms Price Performance

Shares of GMR opened at GBX 37.50 ($0.48) on Wednesday. The company has a current ratio of 4.47, a quick ratio of 1.23 and a debt-to-equity ratio of 0.14. The stock has a market cap of £110.28 million, a P/E ratio of 16.43 and a beta of 1.42. The stock’s 50-day moving average price is GBX 37.22 and its two-hundred day moving average price is GBX 36.77. Gaming Realms has a 1 year low of GBX 29.45 ($0.38) and a 1 year high of GBX 43 ($0.56).

Analyst Ratings Changes

Separately, Canaccord Genuity Group boosted their price target on shares of Gaming Realms from GBX 50 ($0.65) to GBX 57 ($0.74) and gave the company a “buy” rating in a research report on Monday.

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.