Gaming Realms (LON:GMR) Releases Earnings Results

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

Gaming Realms Stock Up 0.5 %

Shares of Gaming Realms stock traded up GBX 0.20 ($0.00) during midday trading on Wednesday, reaching GBX 37.30 ($0.48). 617,730 shares of the company’s stock traded hands, compared to its average volume of 690,938. The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.23 and a current ratio of 4.47. Gaming Realms has a 52 week low of GBX 29.45 ($0.38) and a 52 week high of GBX 43 ($0.56). The company’s 50 day simple moving average is GBX 37.22 and its 200 day simple moving average is GBX 36.77. The company has a market cap of £109.70 million, a price-to-earnings ratio of 16.34 and a beta of 1.42.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group raised their price target on shares of Gaming Realms from GBX 50 ($0.65) to GBX 57 ($0.74) and gave the stock a “buy” rating in a report 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.