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Gaming Realms (LON:GMR) Stock Price Passes Below Two Hundred Day Moving Average - Here's What Happened

Gaming Realms logo with Consumer Cyclical background

Gaming Realms plc (LON:GMR - Get Free Report) shares crossed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of GBX 37.63 ($0.49) and traded as low as GBX 32.21 ($0.42). Gaming Realms shares last traded at GBX 33.10 ($0.43), with a volume of 194,636 shares trading hands.

Analysts Set New Price Targets

Separately, Canaccord Genuity Group reaffirmed a "buy" rating and set a GBX 50 ($0.65) price target on shares of Gaming Realms in a research report on Wednesday, September 11th.

Read Our Latest Report on Gaming Realms

Gaming Realms Trading Down 0.6 %

The stock has a 50-day simple moving average of GBX 38.04 and a 200 day simple moving average of GBX 37.60. The company has a current ratio of 4.47, a quick ratio of 1.23 and a debt-to-equity ratio of 0.51. The company has a market cap of £97.00 million, a price-to-earnings ratio of 1,656.20 and a beta of 1.42.

Gaming Realms Company Profile

(Get Free Report)

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Isle of Man, Malta, Gibraltar, and internationally. The company operates through two segments, Licensing and Social Publishing. The Licensing segment is involved in brand and content licensing to partners.

Further Reading

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