Gaming Realms (LON:GMR) Reaches New 12-Month High - Should You Buy?

Gaming Realms plc (LON:GMR - Get Free Report) shares reached a new 52-week high on Wednesday . The stock traded as high as GBX 50 ($0.67) and last traded at GBX 49.70 ($0.67), with a volume of 1386000 shares trading hands. The stock had previously closed at GBX 48.40 ($0.65).

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their price objective on shares of Gaming Realms from GBX 50 ($0.67) to GBX 57 ($0.77) and gave the company a "buy" rating in a research report on Monday, March 31st.

Gaming Realms Stock Up 1.5%

The company has a debt-to-equity ratio of 0.14, a quick ratio of 1.23 and a current ratio of 4.47. The stock has a market cap of £151.68 million, a price-to-earnings ratio of 22.59 and a beta of 1.42. The firm's 50-day simple moving average is GBX 43.81 and its two-hundred day simple moving average is GBX 39.12.

Gaming Realms (LON:GMR - Get Free Report) last posted its quarterly earnings data on Monday, March 31st. The company reported GBX 3 ($0.04) earnings per share for the quarter. Gaming Realms had a net margin of 26.35% and a return on equity of 25.57%. On average, sell-side analysts expect that Gaming Realms plc will post 3.6954315 EPS for the current fiscal year.

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.