Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report) reached a new 52-week high during mid-day trading on Friday . The company traded as high as $16.84 and last traded at $16.56, with a volume of 2878 shares. The stock had previously closed at $16.44.
Analyst Ratings Changes
A number of research analysts have issued reports on GAMB shares. Benchmark raised their price target on shares of Gambling.com Group from $16.00 to $18.00 and gave the stock a "buy" rating in a report on Tuesday. Stifel Nicolaus increased 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. Macquarie increased their price objective on shares of Gambling.com Group from $14.00 to $16.00 and gave the stock an "outperform" rating in a research note on Monday, November 18th. BTIG Research increased their price objective on shares of Gambling.com Group from $13.00 to $19.00 and gave the stock a "buy" rating in a research note on Friday, December 13th. Finally, Truist Financial reiterated a "buy" rating and issued a $16.00 price objective (up previously from $13.00) on shares of Gambling.com Group in a research note on Friday, November 15th. Eight investment analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, Gambling.com Group currently has an average rating of "Buy" and an average price target of $16.88.
Read Our Latest Stock Report on GAMB
Gambling.com Group Trading Up 0.1 %
The company's 50-day moving average price is $14.50 and its 200-day moving average price is $11.79. The firm has a market cap of $612.60 million, a price-to-earnings ratio of 21.17 and a beta of 0.99. The company has a quick ratio of 1.03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20.
Hedge Funds Weigh In On Gambling.com Group
Several hedge funds and other institutional investors have recently modified their holdings of GAMB. Hillsdale Investment Management Inc. boosted its position in Gambling.com Group by 1,320.6% during the fourth quarter. Hillsdale Investment Management Inc. now owns 339,531 shares of the company's stock worth $4,781,000 after acquiring an additional 315,631 shares during the last quarter. Marshall Wace LLP boosted its position in Gambling.com Group by 501.1% during the fourth quarter. Marshall Wace LLP now owns 323,781 shares of the company's stock worth $4,559,000 after acquiring an additional 269,916 shares during the last quarter. Los Angeles Capital Management LLC acquired a new position in Gambling.com Group during the fourth quarter worth about $2,280,000. Arrowstreet Capital Limited Partnership boosted its position in Gambling.com Group by 551.9% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 173,059 shares of the company's stock worth $2,437,000 after acquiring an additional 146,512 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its position in Gambling.com Group by 1,631.9% during the fourth quarter. JPMorgan Chase & Co. now owns 137,201 shares of the company's stock worth $1,932,000 after acquiring an additional 129,279 shares during the last quarter. 72.26% of the stock is owned by hedge funds and other institutional investors.
Gambling.com Group Company Profile
(
Get Free Report)
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.
Further Reading
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