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Gaming Realms (LON:GMR) Share Price Crosses Above 50 Day Moving Average - Here's What Happened

Gaming Realms logo with Consumer Cyclical background

Gaming Realms plc (LON:GMR - Get Free Report) shares crossed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 47.70 ($0.65) and traded as high as GBX 53.20 ($0.72). Gaming Realms shares last traded at GBX 53 ($0.72), with a volume of 446,558 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group lifted their price objective on shares of Gaming Realms from GBX 50 ($0.68) to GBX 57 ($0.77) and gave the company a "buy" rating in a report on Monday, March 31st.

Check Out Our Latest Analysis on Gaming Realms

Gaming Realms Stock Performance

The company has a market cap of £155.87 million, a PE ratio of 23.21 and a beta of 1.42. 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's 50-day simple moving average is GBX 47.70 and its 200 day simple moving average is GBX 40.61.

Insider Buying and Selling at Gaming Realms

In related news, insider Geoffrey Robert Green sold 200,000 shares of the stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of GBX 51 ($0.69), for a total value of £102,000 ($138,568.13). 27.35% of the stock is currently owned by company insiders.

About Gaming Realms

(Get Free Report)

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.

See Also

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