Gaming Realms (LON:GMR) Stock Crosses Below Two Hundred Day Moving Average of $38.35

Gaming Realms plc (LON:GMR) passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of GBX 38.35 ($0.50) and traded as low as GBX 34.80 ($0.45). Gaming Realms shares last traded at GBX 35.35 ($0.46), with a volume of 200,335 shares trading hands.

GMR has been the topic of several research reports. restated a “buy” rating and set a GBX 60 ($0.78) price objective on shares of Gaming Realms in a research note on Tuesday, June 29th. Citigroup restated a “buy” rating and set a GBX 60 ($0.78) price objective on shares of Gaming Realms in a research note on Tuesday, June 29th. Finally, restated a “buy” rating and set a GBX 60 ($0.78) price objective on shares of Gaming Realms in a research note on Tuesday, June 29th.

The company has a current ratio of 2.90, a quick ratio of 2.28 and a debt-to-equity ratio of 4.11. The business has a 50-day moving average price of GBX 38.28 and a two-hundred day moving average price of GBX 38.35. The firm has a market capitalization of £101.57 million and a price-to-earnings ratio of -70.70.

Gaming Realms Company Profile (LON:GMR)

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Sweden, Canada, 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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