Gaming Realms (LON:GMR) Share Price Crosses Below 200-Day Moving Average - What's Next?

Gaming Realms plc (LON:GMR - Get Free Report)'s stock price crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of GBX 37.71 ($0.49) and traded as low as GBX 36.12 ($0.47). Gaming Realms shares last traded at GBX 37.50 ($0.49), with a volume of 207,738 shares changing hands.

Analysts Set New Price Targets

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

Gaming Realms Trading Down 0.8 %

The company has a debt-to-equity ratio of 0.51, a current ratio of 4.47 and a quick ratio of 1.23. The firm has a market cap of £110.56 million, a price-to-earnings ratio of 1,875.00 and a beta of 1.42. The firm's fifty day moving average is GBX 37.44 and its 200-day moving average is GBX 37.76.

About Gaming Realms

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.