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Gaming Realms (LON:GMR) Stock Price Crosses Below Fifty Day Moving Average - Here's What Happened

Gaming Realms logo with Consumer Cyclical background

Gaming Realms plc (LON:GMR - Get Free Report)'s stock price passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of GBX 36.63 ($0.46) and traded as low as GBX 35.60 ($0.44). Gaming Realms shares last traded at GBX 36.50 ($0.46), with a volume of 343,562 shares trading hands.

Analyst Ratings Changes

Separately, Canaccord Genuity Group reiterated a "buy" rating and set a GBX 50 ($0.62) price target on shares of Gaming Realms in a report on Wednesday, September 11th.

Get Our Latest Stock Report on Gaming Realms

Gaming Realms Price Performance

The company has a market capitalization of £107.02 million, a price-to-earnings ratio of 1,815.00 and a beta of 1.42. The company has a fifty day simple moving average of GBX 36.70 and a two-hundred day simple moving average of GBX 37.41. The company has a debt-to-equity ratio of 0.51, a quick ratio of 1.23 and a current ratio of 4.47.

About Gaming Realms

(Get Free Report)

Gaming Realms creates and licenses innovative games for mobile, with operations in the UK, U.S. and Canada. Through its unique IP and brands, Gaming Realms is bringing together media, entertainment and gaming assets in new game formats. The Gaming Realms management team includes accomplished entrepreneurs and experienced executives from a wide range of leading gaming and media companies.

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