Gaming Realms (LON:GMR) Stock Passes Below 200 Day Moving Average of $34.60

Gaming Realms plc (LON:GMR) shares passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of GBX 34.60 ($0.43) and traded as low as GBX 31 ($0.39). Gaming Realms shares last traded at GBX 31.20 ($0.39), with a volume of 528,539 shares changing hands.

Wall Street Analyst Weigh In

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

Gaming Realms Stock Up 1.4 %

The business’s fifty day simple moving average is GBX 34.60 and its 200 day simple moving average is GBX 34.60. The company has a current ratio of 3.39, a quick ratio of 1.23 and a debt-to-equity ratio of 1.23. The stock has a market cap of £93.27 million, a price-to-earnings ratio of 1,560.00 and a beta of 1.28.

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.