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The latest announcement is out from Gaming Realms ( (GB:GMR) ).
Gaming Realms has extended its licensing agreement with Light & Wonder to develop Slingo versions of popular games like 88 Fortunes and Huff N’ More Puff. This collaboration aims to deliver new gaming experiences and strengthen Gaming Realms’ market presence in North America, capitalizing on the existing fan base of these iconic titles.
The most recent analyst rating on (GB:GMR) stock is a Hold with a £50.00 price target. To see the full list of analyst forecasts on Gaming Realms stock, see the GB:GMR Stock Forecast page.
Spark’s Take on GB:GMR Stock
According to Spark, TipRanks’ AI Analyst, GB:GMR is a Neutral.
Gaming Realms exhibits strong financial performance with impressive revenue growth and robust profit margins, which significantly contribute to its overall score. The technical analysis indicates a bearish trend, which slightly dampens the outlook. The valuation is fair, supporting the stock’s potential despite the lack of dividend yield. The absence of earnings call and corporate events data does not impact the score.
To see Spark’s full report on GB:GMR stock, click here.
More about Gaming Realms
Gaming Realms is a developer and licensor of innovative mobile-focused gaming content, operating in the UK, U.S., Canada, and Malta. The company creates a variety of games including Slingo, bingo, and slots, leveraging its proprietary data platform to engage global audiences. The management team comprises experienced executives from leading gaming and media companies.
Average Trading Volume: 760,239
Technical Sentiment Signal: Buy
Current Market Cap: £135.1M
Learn more about GMR stock on TipRanks’ Stock Analysis page.