(GCOR) Gaming Corps - Ratings and Ratios

Gaming Corps AB (publ) is a Swedish game development company that has been operating since 2014, focusing on creating engaging video games for various platforms, including computers, consoles, and mobile devices, as well as providing sports betting and casino games. Their business areas span across iGAMING and GAMING, catering to the entertainment needs of a diverse user base. With its headquarters in Uppsala, Sweden, the company has established itself as a player in the interactive home entertainment sub-industry.

From a market perspective, Gaming Corps ABs stock (GCOR) has shown notable activity, with its current price standing at 1.10 SEK. The stocks short-term and long-term moving averages (SMA20 at 1.02 and SMA50 at 1.01) indicate a positive trend, as it is currently trading above these averages. Furthermore, the stocks ATR (Average True Range) is 0.09, representing a volatility of 7.73%, which may indicate a moderate level of risk. The stocks price has fluctuated between 0.52 and 1.33 over the past 52 weeks, suggesting potential for growth.

Analyzing the fundamental data, Gaming Corps AB has a market capitalization of 127.25M SEK. Although the P/E ratio is not available, this is not uncommon for companies in the growth phase or with irregular earnings. The absence of P/E Forward and RoE (Return on Equity) data also suggests that the company might be reinvesting its earnings or experiencing variability in its financial performance. Despite these limitations, the companys operational focus and growth in the gaming sector could be positive indicators.

Forecasting the future performance of GCOR based on available technical and fundamental data, a potential upward trend is anticipated. The stock is currently trading above its short-term and medium-term moving averages, and the ATR suggests manageable volatility. While the lack of traditional valuation metrics like P/E complicates the analysis, the companys position in the growing gaming industry and its development of engaging games across multiple platforms could drive future growth. If the company can maintain its trend and continue to innovate, it may attract more investors, potentially driving the stock price towards the 52-week high of 1.33 or beyond. However, the absence of detailed financial metrics necessitates a cautious approach, and investors should closely monitor the companys future earnings reports and industry trends.