Gambling.com Group Ltd (NASDAQ: GAMB) is -15.55% 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 $11.58 in the last trading session, with the day’s gains setting it 0.31%.
Currently trading at $11.89, the stock is -6.04% and -5.30% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.11 million and changing 2.68% at the moment leaves the stock -3.78% off its SMA200. GAMB registered 53.82% gain for a year compared to 6-month loss of -10.33%. The firm has a 50-day simple moving average (SMA 50) of $12.5556 and a 200-day simple moving average (SMA200) of $12.3577.
The stock witnessed a -10.06% gain in the last 1 month and extending the period to 3 months gives it a -12.77%, and is -1.65% down 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 1.81% over the week and 4.07% over the month.
Gambling.com Group Ltd (GAMB) has around 555 employees, a market worth around $423.32M and $138.60M in sales. Current P/E ratio is 12.38 and Fwd P/E is 9.28. Profit margin for the company is 24.97%. Distance from 52-week low is 58.22% and -30.63% from its 52-week high. The company has generated returns on investments over the last 12 months (15.10%).
The EPS is expected to shrink by -8.28% this year
184.0 institutions hold shares in Gambling.com Group Ltd (GAMB), with institutional investors hold 91.97% of the company’s shares. The shares outstanding are 35.60M, and float is at 18.77M with Short Float at 6.02%. Institutions hold 49.60% 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 2.6925 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 19 ’24, Sundberg Par Gustaf (Director) Proposed Sale 20,000 shares at an average price of $15.25 for $0.3 million. The insider now directly holds shares of Gambling.com Group Ltd (GAMB).
