Gambling.com Group Ltd (NASDAQ: GAMB) is -5.33% lower on its value in year-to-date trading and has touched a low of $7.51 and a high of $17.14 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GAMB stock was last observed hovering at around $12.48 in the last trading session, with the day’s gains setting it 0.85%.
Currently trading at $13.33, the stock is 1.62% and -5.85% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.1 million and changing 6.81% at the moment leaves the stock 18.00% off its SMA200. GAMB registered 52.87% gain for a year compared to 6-month gain of 30.05%. The firm has a 50-day simple moving average (SMA 50) of $14.1579 and a 200-day simple moving average (SMA200) of $11.2968.
The stock witnessed a -16.27% loss in the last 1 month and extending the period to 3 months gives it a -13.44%, and is 14.22% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.54% over the week and 4.99% over the month.
Gambling.com Group Ltd (GAMB) has around 489 employees, a market worth around $492.18M and $127.07M in sales. Current P/E ratio is 17.09 and Fwd P/E is 9.96. Profit margin for the company is 24.03%. Distance from 52-week low is 77.38% and -22.23% from its 52-week high. The company has generated returns on investments over the last 12 months (20.22%).
with sales reaching $40.51M over the same period.The EPS is expected to shrink by -8.90% this year, but quarterly earnings will post 35.26% year-over-year. Quarterly sales are estimated to grow 38.66% in year-over-year returns.
160.0 institutions hold shares in Gambling.com Group Ltd (GAMB), with institutional investors hold 83.32% of the company’s shares. The shares outstanding are 36.92M, and float is at 17.91M with Short Float at 4.35%. Institutions hold 47.12% of the Float.
The top institutional shareholder in the company is STANLEY-LAMAN GROUP, LTD. with over 1.34 million shares valued at $11.05 million. The investor’s holdings represent 3.6615 of the GAMB Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 0.99 million shares valued at $8.13 million to account for 2.6661 of the shares outstanding. The other top investors are CLEARBRIDGE INVESTMENTS, LLC which holds 0.96 million shares representing 2.6042 and valued at over $7.86 million, while PUNCH & ASSOCIATES INVESTMENT MANAGEMENT, INC. holds 2.4863 of the shares totaling 0.91 million with a market value of $7.51 million.
Gambling.com Group Ltd (GAMB) Insider Activity
Still, SEC filings show that on Dec 13 ’24, Blandford Mark (10% Owner) Proposed Sale 1,050,000 shares at an average price of $14.20 for $14.91 million. The insider now directly holds shares of Gambling.com Group Ltd (GAMB).
