Gaming Realms’ (GMR) “Buy” Rating Reaffirmed at Canaccord Genuity Group

Gaming Realms (LON:GMR)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a report released on Tuesday, London Stock Exchange reports. They currently have a GBX 56 price objective on the stock. Canaccord Genuity Group’s target price points to a potential upside of 89.19% from the stock’s current price.

Gaming Realms Stock Down 2.0%

Shares of LON:GMR opened at GBX 29.60 on Tuesday. The company has a current ratio of 4.88, a quick ratio of 1.23 and a debt-to-equity ratio of 1.91. Gaming Realms has a 12 month low of GBX 29 and a 12 month high of GBX 50. The company has a 50-day moving average price of GBX 30.62 and a 200 day moving average price of GBX 31.57. The company has a market cap of £79.72 million, a price-to-earnings ratio of 15.50 and a beta of 0.53.

Gaming Realms (LON:GMR) last released its quarterly earnings results on Tuesday, September 8th. The company reported GBX 0.87 EPS for the quarter. Gaming Realms had a return on equity of 15.38% and a net margin of 18.97%. As a group, equities research analysts predict that Gaming Realms 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.