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Gaming Realms (LON:GMR) Shares Pass Above 50 Day Moving Average - Here's What Happened

Gaming Realms logo with Consumer Cyclical background

Gaming Realms plc (LON:GMR - Get Free Report)'s share price crossed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of GBX 37.57 ($0.50) and traded as high as GBX 45.50 ($0.61). Gaming Realms shares last traded at GBX 44.72 ($0.59), with a volume of 2,502,941 shares traded.

Analyst Ratings Changes

Separately, Canaccord Genuity Group raised their price objective on Gaming Realms from GBX 50 ($0.67) to GBX 57 ($0.76) and gave the company a "buy" rating in a research note on Monday, March 31st.

View Our Latest Stock Report on Gaming Realms

Gaming Realms Stock Up 0.5 %

The company has a current ratio of 4.47, a quick ratio of 1.23 and a debt-to-equity ratio of 0.14. The firm has a market capitalization of £131.50 million, a P/E ratio of 19.59 and a beta of 1.42. The stock's 50-day simple moving average is GBX 37.57 and its 200-day simple moving average is GBX 37.06.

Gaming Realms (LON:GMR - Get Free Report) last released its earnings results on Monday, March 31st. The company reported GBX 3 ($0.04) earnings per share (EPS) for the quarter. Gaming Realms had a return on equity of 25.57% and a net margin of 26.35%. As a group, research analysts predict that Gaming Realms plc will post 3.6954315 earnings per share for the current fiscal year.

Gaming Realms Company Profile

(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.

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