Gaming Realms (LON:GMR) Releases Quarterly Earnings Results

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

Gaming Realms Stock Performance

Shares of GMR stock opened at GBX 37.50 ($0.48) on Wednesday. The company’s fifty day moving average price is GBX 37.22 and its 200-day moving average price is GBX 36.77. The stock has a market cap of £110.28 million, a PE ratio of 16.43 and a beta of 1.42. 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 increased their target price 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.