Gambling.com Group Limited (NASDAQ:GAMB - Get Free Report)'s stock price gapped down prior to trading on Friday . The stock had previously closed at $15.63, but opened at $14.72. Gambling.com Group shares last traded at $14.53, with a volume of 140,604 shares trading hands.
Analyst Upgrades and Downgrades
GAMB has been the subject of a number of recent analyst reports. Macquarie raised their price objective on Gambling.com Group from $14.00 to $16.00 and gave the company an "outperform" rating in a research report on Monday, November 18th. Stifel Nicolaus raised their price target on Gambling.com Group from $13.00 to $14.00 and gave the company a "buy" rating in a report on Friday, November 15th. Craig Hallum lifted their price objective on shares of Gambling.com Group from $16.00 to $18.00 and gave the stock a "buy" rating in a research report on Friday. Jefferies Financial Group increased their price objective on shares of Gambling.com Group from $18.00 to $20.00 and gave the company a "buy" rating in a research report on Friday. Finally, BTIG Research lifted their target price on shares of Gambling.com Group from $13.00 to $19.00 and gave the stock a "buy" rating in a report on Friday. Seven investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average price target of $16.57.
View Our Latest Stock Report on GAMB
Gambling.com Group Stock Performance
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's 50-day moving average price is $11.30 and its 200-day moving average price is $9.85. The company has a market cap of $576.96 million, a P/E ratio of 19.87 and a beta of 1.02.
Institutional Investors Weigh In On Gambling.com Group
Institutional investors have recently made changes to their positions in the stock. Quarry LP grew its stake in Gambling.com Group by 1,997.6% during the second quarter. Quarry LP now owns 12,019 shares of the company's stock worth $99,000 after buying an additional 11,446 shares in the last quarter. Hsbc Holdings PLC acquired a new stake in shares of Gambling.com Group during the 2nd quarter worth approximately $115,000. MetLife Investment Management LLC increased its stake in Gambling.com Group by 111.2% in the third 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 last quarter. American Century Companies Inc. raised its position in Gambling.com Group by 38.0% during the second quarter. American Century Companies Inc. now owns 15,523 shares of the company's stock valued at $128,000 after purchasing an additional 4,276 shares in the last quarter. Finally, Rhumbline Advisers raised its position in Gambling.com Group by 29.8% during the second quarter. Rhumbline Advisers now owns 21,950 shares of the company's stock valued at $180,000 after purchasing an additional 5,043 shares in the last quarter. 72.26% of the stock is currently owned by institutional investors.
Gambling.com Group Company Profile
(
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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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