Stride Gaming PLC (STR) Stock Rating Reaffirmed by Canaccord Genuity
Stride Gaming PLC (LON:STR)‘s stock had its “buy” rating reaffirmed by equities research analysts at Canaccord Genuity in a research note issued to investors on Monday. They presently have a GBX 344 ($4.27) price objective on the stock. Canaccord Genuity’s target price suggests a potential upside of 44.84% from the stock’s previous close.
Shares of Stride Gaming PLC (LON:STR) opened at 235.00 on Monday. Stride Gaming PLC has a 12 month low of GBX 218.50 and a 12 month high of GBX 288.00. The stock’s 50 day moving average price is GBX 254.43 and its 200-day moving average price is GBX 258.21. The stock’s market capitalization is GBX 120.05 million.
The company also recently announced a dividend, which will be paid on Wednesday, February 1st. Shareholders of record on Thursday, January 5th will be given a dividend of GBX 1.40 ($0.02) per share. This is a positive change from Stride Gaming PLC’s previous dividend of $1.10. The ex-dividend date is Thursday, January 5th. This represents a yield of 0.58%.
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About Stride Gaming PLC
Stride Gaming plc is an online gaming operator in both the Bingo-led and social gaming market. The Company’s segments include real money gaming and social gaming. The real money gaming segment focuses on bingo-led online operation, using its own software and purchased software to provide online bingo and related gaming activities to players.
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