The price-to-earnings ratio for Gambling.com Group Ltd (NASDAQ: GAMB) is 16.80x, which is above its average ratio. Moreover, the 36-month beta value for GAMB is 0.87. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 3 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for GAMB is 15.92M and currently, short sellers hold a 4.96% of that float. On November 14, 2024, GAMB’s average trading volume was 174.16K shares.
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GAMB) stock’s latest price update
The stock price of Gambling.com Group Ltd (NASDAQ: GAMB) has surged by 9.51 when compared to previous closing price of 10.31, but the company has seen a 12.23% gain in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-14 that Gambling.com Group Limited (NASDAQ:GAMB ) Q3 2024 Results Conference Call November 14, 2024 8:00 AM ET Company Participants Peter McGough – SVP, IR & Capital Markets Charles Gillespie – Co-Founder & CEO Elias Mark – CFO Conference Call Participants Ryan Sigdahl – Craig-Hallum Capital Group Barry Jonas – Truist Securities David Katz – Jefferies Aaron Lee – Macquarie Operator Greetings, and welcome to the Gambling.com Group Third Quarter 2024 Earnings Conference Call. At this time, all participants are in a listen-only mode.
GAMB’s Market Performance
Gambling.com Group Ltd (GAMB) has seen a 12.23% rise in stock performance for the week, with a 13.01% gain in the past month and a 6.01% surge in the past quarter. The volatility ratio for the week is 2.74%, and the volatility levels for the past 30 days are at 2.71% for GAMB. The simple moving average for the last 20 days is 14.26% for GAMB stock, with a simple moving average of 24.03% for the last 200 days.
Analysts’ Opinion of GAMB
Many brokerage firms have already submitted their reports for GAMB stocks, with B. Riley Securities repeating the rating for GAMB by listing it as a “Buy.” The predicted price for GAMB in the upcoming period, according to B. Riley Securities is $14.50 based on the research report published on April 26, 2024 of the current year 2024.
B. Riley Securities, on the other hand, stated in their research note that they expect to see GAMB reach a price target of $14. The rating they have provided for GAMB stocks is “Buy” according to the report published on July 18th, 2023.
ROTH MKM gave a rating of “Buy” to GAMB, setting the target price at $13 in the report published on July 11th of the previous year.
GAMB Trading at 13.50% from the 50-Day Moving Average
After a stumble in the market that brought GAMB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -18.48% of loss for the given period.
Volatility was left at 2.71%, however, over the last 30 days, the volatility rate increased by 2.74%, as shares surge +13.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.64% upper at present.
During the last 5 trading sessions, GAMB rose by +12.52%, which changed the moving average for the period of 200-days by +23.72% in comparison to the 20-day moving average, which settled at $9.88. In addition, Gambling.com Group Ltd saw 15.79% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at GAMB starting from Boatside Investments, who proposed sale 476,000 shares at the price of $9.00 back on Oct 24 ’24. After this action, Boatside Investments now owns shares of Gambling.com Group Ltd, valued at $4,284,000 using the latest closing price.
Stock Fundamentals for GAMB
Current profitability levels for the company are sitting at:
- 0.26 for the present operating margin
- 0.88 for the gross margin
The net margin for Gambling.com Group Ltd stands at 0.22. The total capital return value is set at 0.2. Equity return is now at value 22.40, with 16.10 for asset returns.
Based on Gambling.com Group Ltd (GAMB), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at 0.88. The debt to equity ratio resting at 0.14. The interest coverage ratio of the stock is 16.09.
Currently, EBITDA for the company is 22.47 million with net debt to EBITDA at 0.48. When we switch over and look at the enterprise to sales, we see a ratio of 3.74. The receivables turnover for the company is 6.02for trailing twelve months and the total asset turnover is 0.66. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.99.
Conclusion
To wrap up, the performance of Gambling.com Group Ltd (GAMB) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
