Gaming Realms (LON:GMR) Posts Quarterly Earnings Results

Gaming Realms (LON:GMR) released its earnings results on Tuesday. The company reported GBX 0.87 EPS for the quarter, Digital Look Earnings reports. Gaming Realms had a net margin of 18.59% and a return on equity of 15.29%.

Gaming Realms Price Performance

LON:GMR opened at GBX 30.29 on Thursday. The firm has a market cap of £81.59 million, a price-to-earnings ratio of 15.86 and a beta of 0.53. Gaming Realms has a 12-month low of GBX 29 and a 12-month high of GBX 50. The company has a current ratio of 4.23, a quick ratio of 1.23 and a debt-to-equity ratio of 1.77. The company’s 50-day moving average is GBX 30.62 and its two-hundred day moving average is GBX 31.55.

Wall Street Analyst Weigh In

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 56 price objective on shares of Gaming Realms in a report on Tuesday. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 56.

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.