Gaming Realms (LON:GMR) Share Price Crosses Below Two Hundred Day Moving Average of $34.60

Shares of Gaming Realms plc (LON:GMR) passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 34.60 ($0.43) and traded as low as GBX 34.36 ($0.42). Gaming Realms shares last traded at GBX 35.55 ($0.44), with a volume of 859,665 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 50 ($0.62) price objective on shares of Gaming Realms in a report on Tuesday, April 2nd.

Gaming Realms Stock Performance

The stock has a market capitalization of £104.79 million, a price-to-earnings ratio of 1,777.50 and a beta of 1.28. The firm has a fifty day moving average of GBX 34.26 and a 200 day moving average of GBX 34.60. The company has a debt-to-equity ratio of 1.23, a current ratio of 3.39 and a quick ratio of 1.23.

Gaming Realms Company Profile

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