Gaming Realms’ (GMR) “Buy” Rating Reiterated at Peel Hunt
Peel Hunt restated their buy rating on shares of Gaming Realms (LON:GMR) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
GMR opened at GBX 8.50 ($0.11) on Tuesday. The stock has a market capitalization of $24.18 million and a P/E ratio of 42.50. The company has a current ratio of 1.49, a quick ratio of 0.16 and a debt-to-equity ratio of 26.08. Gaming Realms has a 12-month low of GBX 4 ($0.05) and a 12-month high of GBX 11.10 ($0.15). The stock has a 50-day moving average price of GBX 9.54 and a 200-day moving average price of GBX 7.92.
In related news, insider Michael Buckley bought 250,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 12th. The stock was purchased at an average price of GBX 8 ($0.11) per share, for a total transaction of £20,000 ($26,308.87). Also, insider Mark Blandford purchased 5,000,000 shares of the firm’s stock in a transaction on Friday, December 13th. The stock was acquired at an average cost of GBX 8 ($0.11) per share, with a total value of £400,000 ($526,177.32).
Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Canada, and internationally. The company operates through four segments: Social Publishing, Licensing, Real Money Gaming, and Affiliate Marketing. The Social Publishing segment provides freemium games.
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