3 days Ago By ABMN Staff
Gambling.com Group Limited ( NASDAQ:GAMB – Get Free Report ) was the recipient of a significant decline in short interest during the month of December. As of December 15th, there was short interest totalling 313,200 shares, a decline of 33.
4% from the November 30th total of 470,500 shares. Approximately 1.9% of the shares of the company are short sold.
Based on an average daily trading volume, of 247,300 shares, the days-to-cover ratio is presently 1.3 days. Analysts Set New Price Targets A number of equities analysts recently issued reports on GAMB shares.
Macquarie raised their target price on Gambling.com Group from $14.00 to $16.
00 and gave the stock an “outperform” rating in a research note on Monday, November 18th. Craig Hallum raised their price objective on Gambling.com Group from $16.
00 to $18.00 and gave the stock a “buy” rating in a research note on Friday, December 13th. Stifel Nicolaus lifted their target price on Gambling.
com Group from $13.00 to $14.00 and gave the stock a “buy” rating in a report on Friday, November 15th.
Jefferies Financial Group increased their price target on shares of Gambling.com Group from $18.00 to $20.
00 and gave the stock a “buy” rating in a report on Friday, December 13th. Finally, Truist Financial reissued a “buy” rating and issued a $16.00 price objective (up previously from $13.
00) on shares of Gambling.com Group in a report on Friday, November 15th. Seven research analysts have rated the stock with a buy rating, According to data from MarketBeat, Gambling.
com Group has an average rating of “Buy” and an average price target of $16.57. Check Out Our Latest Research Report on Gambling.
com Group Institutional Investors Weigh In On Gambling.com Group Gambling.com Group Stock Performance GAMB opened at $14.
25 on Monday. The company has a market cap of $530.43 million, a price-to-earnings ratio of 18.
27 and a beta of 1.02. The firm’s fifty day simple moving average is $12.
27 and its two-hundred day simple moving average is $10.36. The company has a quick ratio of 1.
03, a current ratio of 1.03 and a debt-to-equity ratio of 0.20.
Gambling.com Group has a 52-week low of $7.51 and a 52-week high of $16.
09. Gambling.com Group Company Profile ( Get Free Report ) Gambling.
com Group Limited operates as a performance marketing company for the online gambling industry worldwide. It provides digital marketing services for the iGaming and social casino products. The company's focus is on online casino, online sports betting, and fantasy sports industry.
It publishes various branded websites, including Gambling.com, Casinos.com, RotoWire.
com, and Bookies.com. Read More Receive News & Ratings for Gambling.
com Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gambling.com Group and related companies with MarketBeat.com's FREE daily email newsletter .
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