Gaming Realms (LON:GMR) Receives “Buy” Rating from Canaccord Genuity Group

Gaming Realms (LON:GMR)‘s stock had its “buy” rating restated by analysts at Canaccord Genuity Group in a research note issued to investors on Tuesday,Digital Look reports. They currently have a GBX 56 target price on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 83.61% from the stock’s current price.

Gaming Realms Stock Performance

Shares of GMR traded up GBX 0.50 during mid-day trading on Tuesday, reaching GBX 30.50. The company’s stock had a trading volume of 773,272 shares, compared to its average volume of 750,304. The company has a current ratio of 4.88, a quick ratio of 1.23 and a debt-to-equity ratio of 1.91. Gaming Realms has a 1-year low of GBX 29 and a 1-year high of GBX 55. The business has a 50-day simple moving average of GBX 31.21 and a two-hundred day simple moving average of GBX 33.18. The stock has a market cap of £83.13 million, a P/E ratio of 15.97 and a beta of 0.53.

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.