Gaming Realms (LON:GMR) Shares Up 1.9% – Should You Buy?

Gaming Realms plc (LON:GMR) shares rose 1.9% during mid-day trading on Wednesday . The stock traded as high as GBX 37.40 ($0.47) and last traded at GBX 37.40 ($0.47). Approximately 386,277 shares were traded during trading, a decline of 29% from the average daily volume of 547,106 shares. The stock had previously closed at GBX 36.70 ($0.46).

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reiterated a “buy” rating and set a GBX 50 ($0.63) target price on shares of Gaming Realms in a research note on Wednesday, September 11th.

Gaming Realms Stock Down 1.4 %

The company has a current ratio of 4.47, a quick ratio of 1.23 and a debt-to-equity ratio of 0.51. The stock has a 50-day moving average of GBX 36.28 and a 200-day moving average of GBX 37.85. The firm has a market cap of £103.19 million, a price-to-earnings ratio of 1,795.00 and a beta of 1.42.

Gaming Realms Company Profile

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, Malta, Gibraltar, and internationally. The company operates through two segments, Licensing and Social Publishing. The Licensing segment is involved in brand and content licensing to partners.