Gaming Realms (LON:GMR) Posts Quarterly Earnings Results

Gaming Realms (LON:GMR) issued its quarterly earnings results on Tuesday. The company reported GBX 0.87 earnings per share (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 Trading Up 1.8%

Shares of GMR opened at GBX 30.40 on Thursday. Gaming Realms has a twelve month low of GBX 29 and a twelve 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 firm has a market capitalization of £81.88 million, a P/E ratio of 15.92 and a beta of 0.53. The firm’s 50-day moving average is GBX 30.62 and its two-hundred day moving average is GBX 31.55.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 56 price objective on shares of Gaming Realms in a report on Tuesday. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of GBX 56.

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.