Gaming Realms (LON:GMR) Sets New 1-Year Low – Time to Sell?

Shares of Gaming Realms plc (LON:GMR) hit a new 52-week low on Monday . The stock traded as low as GBX 29 and last traded at GBX 30, with a volume of 265880 shares trading hands. The stock had previously closed at GBX 30.40.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 56 target price on shares of Gaming Realms in a report on Monday, March 30th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and an average target price of GBX 65.50.

Gaming Realms Trading Down 1.3%

The firm has a market capitalization of £81.76 million, a price-to-earnings ratio of 15.71 and a beta of 0.53. The firm’s 50 day moving average is GBX 31.27 and its 200 day moving average is GBX 33.25. The company has a quick ratio of 1.23, a current ratio of 4.88 and a debt-to-equity ratio of 1.91.

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.