Gaming Realms (LON:GMR) Announces Earnings Results

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

Gaming Realms Price Performance

Gaming Realms stock opened at GBX 37.41 ($0.48) on Wednesday. The stock has a market cap of £110.03 million, a P/E ratio of 16.39 and a beta of 1.42. The company has a fifty day simple moving average of GBX 37.22 and a 200-day simple moving average of GBX 36.77. The company has a current ratio of 4.47, a quick ratio of 1.23 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).

Analyst Ratings Changes

Separately, Canaccord Genuity Group boosted their price objective on Gaming Realms from GBX 50 ($0.65) to GBX 57 ($0.74) and gave the stock a “buy” rating in a research report 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.