Gaming Realms (LON:GMR) Reaches New 1-Year Low – Time to Sell?

Gaming Realms plc (LON:GMR)’s stock price reached a new 52-week low during trading on Tuesday . The company traded as low as GBX 29 and last traded at GBX 29.90, with a volume of 1292107 shares. The stock had previously closed at GBX 29.50.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and set a GBX 56 price objective on shares of Gaming Realms in a report on Tuesday, July 28th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, Gaming Realms has a consensus rating of “Buy” and an average target price of GBX 56.

Gaming Realms Stock Performance

The company has a debt-to-equity ratio of 1.91, a current ratio of 4.88 and a quick ratio of 1.23. The firm has a market capitalization of £81.14 million, a PE ratio of 15.65 and a beta of 0.53. The company’s fifty day simple moving average is GBX 30.64 and its 200 day simple moving average is GBX 31.67.

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.