Gaming Realms (LON:GMR) Stock Passes Below 200 Day Moving Average of $27.24

Gaming Realms plc (LON:GMR – Get Rating)’s share price passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 27.24 ($0.33) and traded as low as GBX 24.25 ($0.30). Gaming Realms shares last traded at GBX 25.30 ($0.31), with a volume of 41,097 shares.

Wall Street Analyst Weigh In

Several research firms have commented on GMR. Canaccord Genuity Group reissued a “buy” rating and set a GBX 50 ($0.61) target price on shares of Gaming Realms in a research report on Tuesday, April 26th. Peel Hunt reissued a “buy” rating and set a GBX 60 ($0.74) target price on shares of Gaming Realms in a research report on Tuesday, May 24th.

Gaming Realms Price Performance

The company has a current ratio of 1.15, a quick ratio of 0.94 and a debt-to-equity ratio of 2.60. The company has a market cap of £73.88 million and a P/E ratio of 58.75. The business’s fifty day moving average is GBX 24.79 and its 200 day moving average is GBX 27.24.

Insider Buying and Selling

In related news, insider Michael Buckley sold 1,000,000 shares of Gaming Realms 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 ($318,588.41). In related news, insider Michael Buckley sold 1,000,000 shares of Gaming Realms 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 ($318,588.41). Also, insider Mark Blandford acquired 117,950 shares of Gaming Realms stock in a transaction that occurred on Tuesday, May 10th. The stock was acquired at an average price of GBX 26 ($0.32) per share, with a total value of £30,667 ($37,577.50).

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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