Gaming Realms plc (LON:GMR) Insider Sells £260,000 in Stock

Gaming Realms plc (LON:GMRGet Rating) insider Michael Buckley sold 1,000,000 shares of the firm’s stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of GBX 26 ($0.32), for a total value of £260,000 ($318,471.34).

Shares of LON GMR opened at GBX 25 ($0.31) on Friday. The company has a debt-to-equity ratio of 2.60, a quick ratio of 0.94 and a current ratio of 1.15. The business’s 50 day moving average price is GBX 27.55 and its 200-day moving average price is GBX 29.02. Gaming Realms plc has a fifty-two week low of GBX 20.39 ($0.25) and a fifty-two week high of GBX 42.40 ($0.52). The company has a market cap of £73.00 million and a price-to-earnings ratio of 62.50.

Several research firms have recently issued reports on GMR. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 50 ($0.61) price objective on shares of Gaming Realms in a research note on Tuesday, April 26th. Peel Hunt reaffirmed a “buy” rating and issued a GBX 60 ($0.73) price objective on shares of Gaming Realms in a research note on Tuesday, May 24th. Six investment analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of GBX 56.67 ($0.69).

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, Malta, 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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