Gaming Realms (LON:GMR) Announces Quarterly Earnings Results

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

Gaming Realms Price Performance

Shares of Gaming Realms stock traded up GBX 0.31 ($0.00) during trading on Wednesday, reaching GBX 37.41 ($0.48). The company’s stock had a trading volume of 602,256 shares, compared to its average volume of 690,700. The business has a 50 day moving average price of GBX 37.22 and a 200-day moving average price of GBX 36.77. The company has a market capitalization of £110.02 million, a P/E ratio of 16.39 and a beta of 1.42. The company has a quick ratio of 1.23, a current ratio of 4.47 and a debt-to-equity ratio of 0.14. Gaming Realms has a 12-month low of GBX 29.45 ($0.38) and a 12-month high of GBX 43 ($0.56).

Wall Street Analysts Forecast Growth

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 stock a “buy” rating in a research note on Monday.

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.