Gaming Realms (LON:GMR) Stock Price Passes Below Two Hundred Day Moving Average of $27.05

Gaming Realms plc (LON:GMRGet Rating)’s stock price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 27.05 ($0.33) and traded as low as GBX 26.50 ($0.32). Gaming Realms shares last traded at GBX 26.98 ($0.33), with a volume of 48,099 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Peel Hunt reissued a “buy” rating and set a GBX 60 ($0.72) target price on shares of Gaming Realms in a research note on Tuesday, May 24th.

Gaming Realms Stock Performance

The firm’s 50 day simple moving average is GBX 26.29 and its 200-day simple moving average is GBX 27.05. 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 company has a market capitalization of £78.77 million and a price-to-earnings ratio of 58.75.

Insider Activity

In other news, insider Michael Buckley sold 1,000,000 shares of the business’s stock in a transaction on Tuesday, June 21st. The shares were sold at an average price of GBX 26 ($0.31), for a total transaction of £260,000 ($314,161.43).

Gaming Realms Company Profile

(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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