Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report)'s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $16.25 and last traded at $16.39, with a volume of 97318 shares trading hands. The stock had previously closed at $15.74.
Analyst Ratings Changes
Several equities analysts have recently issued reports on GAMB shares. Craig Hallum increased their price objective on shares of Gambling.com Group from $16.00 to $18.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Stifel Nicolaus lifted their price objective on shares of Gambling.com Group from $13.00 to $14.00 and gave the stock a "buy" rating in a research note on Friday, November 15th. BTIG Research upped their target price on Gambling.com Group from $13.00 to $19.00 and gave the company a "buy" rating in a research report on Friday, December 13th. Benchmark initiated coverage on Gambling.com Group in a report on Wednesday, January 8th. They issued a "buy" rating and a $16.00 price objective on the stock. Finally, Truist Financial reaffirmed a "buy" rating and set a $16.00 target price (up previously from $13.00) on shares of Gambling.com Group in a report on Friday, November 15th. Eight investment analysts have rated the stock with a buy rating, According to MarketBeat, Gambling.com Group presently has a consensus rating of "Buy" and an average target price of $16.63.
Read Our Latest Research Report on Gambling.com Group
Gambling.com Group Stock Performance
The firm has a fifty day moving average of $14.29 and a 200 day moving average of $11.64. The company has a debt-to-equity ratio of 0.20, a current ratio of 1.03 and a quick ratio of 1.03. The stock has a market capitalization of $595.15 million, a price-to-earnings ratio of 20.50 and a beta of 0.99.
Hedge Funds Weigh In On Gambling.com Group
Several institutional investors have recently made changes to their positions in GAMB. Global Retirement Partners LLC grew its position in Gambling.com Group by 1,613.9% during the fourth quarter. Global Retirement Partners LLC now owns 1,971 shares of the company's stock valued at $28,000 after buying an additional 1,856 shares during the period. IFP Advisors Inc purchased a new stake in shares of Gambling.com Group during the 4th quarter worth about $49,000. MetLife Investment Management LLC grew its position in shares of Gambling.com Group by 111.2% during the 3rd quarter. MetLife Investment Management LLC now owns 12,384 shares of the company's stock valued at $124,000 after acquiring an additional 6,519 shares during the period. New York State Common Retirement Fund increased its stake in shares of Gambling.com Group by 138.4% in the 4th quarter. New York State Common Retirement Fund now owns 10,497 shares of the company's stock valued at $148,000 after purchasing an additional 6,093 shares in the last quarter. Finally, SG Americas Securities LLC acquired a new position in Gambling.com Group in the 4th quarter worth about $163,000. 72.26% of the stock is owned by hedge funds and other institutional investors.
About Gambling.com Group
(
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Gambling.com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry. It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.com, and Bookies.com.
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