Gaming Realms (LON:GMR) Earns “Buy” Rating from Peel Hunt

Peel Hunt reissued their buy rating on shares of Gaming Realms (LON:GMR) in a research note published on Tuesday, ThisIsMoney.Co.Uk reports.

Shares of Gaming Realms stock opened at GBX 8.35 ($0.11) on Tuesday. Gaming Realms has a 1 year low of GBX 4 ($0.05) and a 1 year high of GBX 11.10 ($0.15). The business has a 50-day moving average of GBX 9.53 and a two-hundred day moving average of GBX 7.94. The company has a market capitalization of $23.75 million and a P/E ratio of 41.75. The company has a debt-to-equity ratio of 26.08, a current ratio of 1.49 and a quick ratio of 0.16.

In other Gaming Realms news, insider Mark Blandford purchased 5,000,000 shares of the stock in a transaction on Friday, December 13th. The stock was bought at an average cost of GBX 8 ($0.11) per share, for a total transaction of £400,000 ($526,177.32). Also, insider Michael Buckley purchased 250,000 shares of the stock in a transaction on Wednesday, February 12th. The stock was acquired at an average price of GBX 8 ($0.11) per share, with a total value of £20,000 ($26,308.87).

About Gaming Realms

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Canada, and internationally. The company operates through four segments: Social Publishing, Licensing, Real Money Gaming, and Affiliate Marketing. The Social Publishing segment provides freemium games.

Further Reading: How Do You Calculate Return on Equity (ROE)?

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