Gaming Realms’ (GMR) “Buy” Rating Reiterated at Peel Hunt

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Peel Hunt reiterated their buy rating on shares of Gaming Realms (LON:GMR) in a research note released on Tuesday morning, ThisIsMoney.Co.Uk reports.

LON GMR opened at GBX 8.50 ($0.11) on Tuesday. Gaming Realms has a 12 month low of GBX 4 ($0.05) and a 12 month high of GBX 11.10 ($0.15). The company has a debt-to-equity ratio of 26.08, a current ratio of 1.49 and a quick ratio of 0.16. The company has a market capitalization of $24.18 million and a price-to-earnings ratio of 42.50. The company’s fifty day moving average price is GBX 9.54 and its two-hundred day moving average price is GBX 7.92.

In other Gaming Realms news, insider Mark Blandford purchased 5,000,000 shares of Gaming Realms stock in a transaction dated Friday, December 13th. The shares were bought at an average cost of GBX 8 ($0.11) per share, for a total transaction of £400,000 ($526,177.32). Also, insider Michael Buckley purchased 250,000 shares of Gaming Realms stock in a transaction dated Wednesday, February 12th. The stock was acquired at an average price of GBX 8 ($0.11) per share, for a total transaction of £20,000 ($26,308.87).

About Gaming Realms

Gaming Realms plc develops, publishes, and licenses mobile gaming content in the United Kingdom, the United States, Canada, and internationally. The company operates through four segments: Social Publishing, Licensing, Real Money Gaming, and Affiliate Marketing. The Social Publishing segment provides freemium games.

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