Gaming Realms (LON:GMR) Shares Up 1.9% – Here’s What Happened

Gaming Realms plc (LON:GMR) shot up 1.9% during mid-day trading on Wednesday . The stock traded as high as GBX 37.40 ($0.47) and last traded at GBX 37.40 ($0.47). 386,277 shares were traded during trading, a decline of 29% from the average session volume of 547,106 shares. The stock had previously closed at GBX 36.70 ($0.46).

Wall Street Analysts Forecast Growth

Separately, Canaccord Genuity Group reissued a “buy” rating and issued a GBX 50 ($0.63) target price on shares of Gaming Realms in a research report on Wednesday, September 11th.

Gaming Realms Trading Down 1.4 %

The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.23 and a current ratio of 4.47. The stock has a market cap of £103.19 million, a price-to-earnings ratio of 1,795.00 and a beta of 1.42. The company’s 50 day simple moving average is GBX 36.28 and its two-hundred day simple moving average is GBX 37.85.

About Gaming Realms

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.