Gaming Realms (LON:GMR) Issues Earnings Results

Gaming Realms (LON:GMR) announced its quarterly earnings results on Monday. The company reported GBX 3 ($0.04) 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 Price Performance

GMR stock opened at GBX 37.41 ($0.48) on Wednesday. The company has a current ratio of 4.47, a quick ratio of 1.23 and a debt-to-equity ratio of 0.14. The company has a market capitalization of £110.03 million, a P/E ratio of 16.39 and a beta of 1.42. The business has a 50 day simple moving average of GBX 37.22 and a 200-day simple moving average of GBX 36.77. Gaming Realms has a twelve month low of GBX 29.45 ($0.38) and a twelve month high of GBX 43 ($0.56).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group upped their price objective on shares of Gaming Realms from GBX 50 ($0.65) to GBX 57 ($0.74) and gave the company a “buy” rating in a research note on Monday.

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.