Gaming Realms’ (GMR) “Buy” Rating Reiterated at Canaccord Genuity Group

Gaming Realms (LON:GMR)‘s stock had its “buy” rating restated by stock analysts at Canaccord Genuity Group in a report issued on Monday,London Stock Exchange reports. They currently have a GBX 56 price objective on the stock. Canaccord Genuity Group’s price target points to a potential upside of 81.82% from the stock’s current price.

Gaming Realms Stock Up 1.3%

LON GMR traded up GBX 0.40 during mid-day trading on Monday, reaching GBX 30.80. 1,452,420 shares of the company’s stock traded hands, compared to its average volume of 1,221,855. The company has a current ratio of 5.77, a quick ratio of 1.23 and a debt-to-equity ratio of 2.26. Gaming Realms has a 1-year low of GBX 29.50 and a 1-year high of GBX 57.20. The company has a fifty day simple moving average of GBX 34.01 and a 200-day simple moving average of GBX 39.40. The company has a market cap of £87.00 million, a price-to-earnings ratio of 11.62 and a beta of 0.58.

Gaming Realms Company Profile

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.