500.com reaffirmed their maintains rating on shares of Gambling.com Group (NASDAQ:GAMB – Get Rating) in a research note published on Friday, Benzinga reports.
A number of other equities research analysts also recently issued reports on the company. Jefferies Financial Group boosted their price target on Gambling.com Group from $14.00 to $15.00 in a research note on Friday. Craig Hallum started coverage on Gambling.com Group in a research note on Wednesday, March 29th. They set a buy rating and a $15.00 price objective for the company.
Gambling.com Group Trading Up 1.0 %
Gambling.com Group stock opened at $10.10 on Friday. The business has a 50-day simple moving average of $9.84 and a two-hundred day simple moving average of $9.56. The company has a market cap of $368.35 million, a P/E ratio of 91.83 and a beta of 1.51. Gambling.com Group has a 52-week low of $6.62 and a 52-week high of $10.71. The company has a quick ratio of 1.32, a current ratio of 1.32 and a debt-to-equity ratio of 0.02.
Institutional Inflows and Outflows
A number of large investors have recently added to or reduced their stakes in GAMB. UBS Group AG lifted its holdings in Gambling.com Group by 348.6% in the 3rd quarter. UBS Group AG now owns 3,472 shares of the company’s stock worth $27,000 after purchasing an additional 2,698 shares in the last quarter. American International Group Inc. purchased a new position in Gambling.com Group in the 2nd quarter worth approximately $32,000. JPMorgan Chase & Co. purchased a new position in Gambling.com Group in the 2nd quarter worth approximately $37,000. First Manhattan Co. purchased a new position in Gambling.com Group in the 1st quarter worth approximately $39,000. Finally, Deutsche Bank AG lifted its holdings in Gambling.com Group by 49.7% in the 1st quarter. Deutsche Bank AG now owns 5,658 shares of the company’s stock worth $56,000 after purchasing an additional 1,878 shares in the last quarter. 9.94% of the stock is owned by hedge funds and other institutional investors.
Gambling.com Group Company Profile
Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. The company provides digital marketing services for the iGaming and sports betting. It publishes various branded websites, including Gambling.com and Bookies.com. Gambling.com Group Limited was incorporated in 2006 and is based in St.
- Get a free copy of the StockNews.com research report on Gambling.com Group (GAMB)
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