Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report)'s share price traded down 2.5% on Friday . The stock traded as low as $14.49 and last traded at $14.55. 325,170 shares traded hands during mid-day trading, an increase of 73% from the average session volume of 188,406 shares. The stock had previously closed at $14.93.
Analyst Ratings Changes
GAMB has been the topic of a number of recent analyst reports. BTIG Research increased their price objective on Gambling.com Group from $13.00 to $19.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Craig Hallum raised their price target on Gambling.com Group from $16.00 to $18.00 and gave the company a "buy" rating in a report on Friday, December 13th. Truist Financial reissued a "buy" rating and set a $16.00 price objective (up previously from $13.00) on shares of Gambling.com Group in a report on Friday, November 15th. Jefferies Financial Group upped their price objective on shares of Gambling.com Group from $18.00 to $20.00 and gave the stock a "buy" rating in a research report on Friday, December 13th. Finally, Stifel Nicolaus lifted their target price on shares of Gambling.com Group from $13.00 to $14.00 and gave the company a "buy" rating in a research report on Friday, November 15th. Seven research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and a consensus price target of $16.57.
Check Out Our Latest Analysis on GAMB
Gambling.com Group Stock Down 2.9 %
The company has a market cap of $539.36 million, a P/E ratio of 18.58 and a beta of 1.02. The stock has a 50-day moving average of $11.83 and a two-hundred day moving average of $10.10. The company has a debt-to-equity ratio of 0.20, a quick ratio of 1.03 and a current ratio of 1.03.
Institutional Investors Weigh In On Gambling.com Group
Hedge funds and other institutional investors have recently modified their holdings of the stock. Yarra Square Partners LP grew its position in Gambling.com Group by 27.2% during the 2nd quarter. Yarra Square Partners LP now owns 312,981 shares of the company's stock worth $2,573,000 after acquiring an additional 67,000 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Gambling.com Group by 13.7% during the second quarter. Dimensional Fund Advisors LP now owns 398,016 shares of the company's stock valued at $3,272,000 after purchasing an additional 47,843 shares during the period. Barclays PLC grew its holdings in shares of Gambling.com Group by 94.0% in the third quarter. Barclays PLC now owns 38,494 shares of the company's stock worth $385,000 after purchasing an additional 18,656 shares during the last quarter. Hsbc Holdings PLC purchased a new position in shares of Gambling.com Group in the second quarter worth $115,000. Finally, Renaissance Technologies LLC raised its holdings in Gambling.com Group by 4.2% during the 2nd quarter. Renaissance Technologies LLC now owns 298,800 shares of the company's stock valued at $2,456,000 after buying an additional 12,000 shares during the last quarter. Institutional investors own 72.26% of the company's stock.
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.
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