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

Gaming Realms (LON:GMRGet Rating)‘s stock had its “buy” rating restated by research analysts at Canaccord Genuity Group in a research note issued on Tuesday, MarketBeat reports. They currently have a GBX 50 ($0.64) price target on the stock. Canaccord Genuity Group’s target price indicates a potential upside of 51.30% from the stock’s current price.

Shares of GMR opened at GBX 33.05 ($0.42) on Tuesday. The stock has a market capitalization of £96.50 million and a price-to-earnings ratio of -70.70. Gaming Realms has a 12 month low of GBX 20.39 ($0.26) and a 12 month high of GBX 47 ($0.60). The firm has a fifty day simple moving average of GBX 28.25 and a 200 day simple moving average of GBX 31.09. The company has a current ratio of 2.90, a quick ratio of 2.28 and a debt-to-equity ratio of 4.11.

About Gaming Realms (Get Rating)

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, and internationally. The company operates through two segments, Licensing and Social Publishing. The Licensing segment is involved in brand and content licensing to partners.

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