Gaming Realms plc (LON:GMR) Insider Michael Buckley Sells 1,000,000 Shares

Gaming Realms plc (LON:GMRGet Rating) insider Michael Buckley sold 1,000,000 shares of the business’s stock in a transaction dated Tuesday, June 21st. The shares were sold at an average price of GBX 26 ($0.32), for a total value of £260,000 ($318,471.34).

Shares of Gaming Realms stock opened at GBX 25.08 ($0.31) on Thursday. The stock has a market capitalization of £73.24 million and a price-to-earnings ratio of 61.75. Gaming Realms plc has a twelve month low of GBX 20.39 ($0.25) and a twelve month high of GBX 42.40 ($0.52). The company has a current ratio of 1.15, a quick ratio of 0.94 and a debt-to-equity ratio of 2.60. The business’s 50 day simple moving average is GBX 27.66 and its 200-day simple moving average is GBX 29.07.

Several research analysts have recently commented on the company. Peel Hunt reiterated a “buy” rating and issued a GBX 60 ($0.73) target price on shares of Gaming Realms in a research report on Tuesday, May 24th. Canaccord Genuity Group reaffirmed a “buy” rating and issued a GBX 50 ($0.61) price objective on shares of Gaming Realms in a report on Tuesday, April 26th. Six research analysts have rated the stock with a buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average target price of GBX 56.67 ($0.69).

About Gaming Realms (Get Rating)

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

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