Gamesys Group (LON:GYS) Shares Down 1.5%

Gamesys Group plc (LON:GYS)’s share price traded down 1.5% during trading on Wednesday . The company traded as low as GBX 652 ($8.58) and last traded at GBX 660 ($8.68), 170,730 shares traded hands during mid-day trading. The stock had previously closed at GBX 670 ($8.81).

A number of equities analysts have recently commented on the company. Berenberg Bank reiterated a “buy” rating and issued a GBX 1,040 ($13.68) price objective on shares of Gamesys Group in a research note on Wednesday, November 13th. Deutsche Bank reiterated a “buy” rating on shares of Gamesys Group in a research note on Thursday, November 14th. Peel Hunt reiterated a “buy” rating on shares of Gamesys Group in a research note on Wednesday, November 13th. Finally, Canaccord Genuity reiterated a “buy” rating and issued a GBX 1,310 ($17.23) price objective on shares of Gamesys Group in a research note on Wednesday, November 13th.

The company has a debt-to-equity ratio of 169.79, a current ratio of 2.53 and a quick ratio of 2.11. The company has a 50 day moving average price of GBX 723.94.

In other news, insider Neil G. Goulden purchased 10,500 shares of the stock in a transaction that occurred on Friday, September 27th. The shares were purchased at an average cost of GBX 730 ($9.60) per share, for a total transaction of £76,650 ($100,828.73). Also, insider Robeson Reeves purchased 34,900 shares of the stock in a transaction that occurred on Tuesday, November 19th. The shares were purchased at an average price of GBX 713 ($9.38) per share, for a total transaction of £248,837 ($327,330.97).

Gamesys Group Company Profile (LON:GYS)

Gamesys Group plc, through its subsidiaries, operates as an online gaming company in the United Kingdom, Sweden, Spain, and internationally. It offers bingo and casino games under the brands of Jackpotjoy, Virgin Games, Botemania, Vera&John, Heart Bingo, and Monopoly Casino. The company is based in London, the United Kingdom.

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