Gaming Realms (LON:GMR) Issues Quarterly Earnings Results

Gaming Realms (LON:GMR) announced its quarterly earnings results on Tuesday. The company reported GBX 0.87 earnings per share (EPS) for the quarter, Digital Look Earnings reports. Gaming Realms had a net margin of 18.97% and a return on equity of 15.38%.

Gaming Realms Price Performance

Gaming Realms stock opened at GBX 29.89 on Tuesday. The stock’s 50 day moving average is GBX 30.62 and its 200 day moving average is GBX 31.57. The company has a debt-to-equity ratio of 1.91, a current ratio of 4.88 and a quick ratio of 1.23. The firm has a market cap of £80.50 million, a P/E ratio of 15.65 and a beta of 0.53. Gaming Realms has a one year low of GBX 29 and a one year high of GBX 50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 56 price objective on shares of Gaming Realms in a research note on Tuesday. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 56.

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.