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

Gaming Realms plc (LON:GMR)’s share price hit a new 52-week low during mid-day trading on Monday . The company traded as low as GBX 29 and last traded at GBX 30, with a volume of 265880 shares traded. The stock had previously closed at GBX 30.40.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a “buy” rating and set a GBX 56 target price on shares of Gaming Realms in a report on Monday, March 30th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 65.50.

Gaming Realms Stock Performance

The firm’s fifty day simple moving average is GBX 31.27 and its 200 day simple moving average is GBX 33.25. The company has a market capitalization of £81.76 million, a price-to-earnings ratio of 15.71 and a beta of 0.53. The company has a debt-to-equity ratio of 1.91, a current ratio of 4.88 and a quick ratio of 1.23.

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.