Gambling.com Group Ltd (GAMB) Shares on the Rise: Short-term Analysis

Currently, Gambling.com Group Ltd [GAMB] is trading at $15.95, up 3.57%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The GAMB shares have gain 21.39% over the last week, with a monthly amount glided 35.51%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Gambling.com Group Ltd [NASDAQ: GAMB] stock has seen the most recent analyst activity on December 13, 2024, when Craig Hallum reiterated its Buy rating and also boosted its price target to $18 from $16. Previously, BTIG Research reaffirmed its Buy rating on December 13, 2024, and elevated its price target to $19. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $14 on July 18, 2023. ROTH MKM initiated its recommendation with a Buy and recommended $13 as its price target on July 11, 2023. Macquarie started tracking with a Outperform rating for this stock on June 28, 2023, and assigned it a price target of $13. In a note dated June 23, 2023, BTIG Research initiated an Buy rating and provided a target price of $13 on this stock.

This stock has fluctuated between a low of $7.51 and a high of $16.09 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $15 within the next 12 months. Gambling.com Group Ltd [NASDAQ: GAMB] shares were valued at $15.95 at the most recent close of the market. An investor can expect a potential drop of -5.96% based on the average GAMB price forecast.

Analyzing the GAMB fundamentals

Trailing Twelve Months sales for Gambling.com Group Ltd [NASDAQ:GAMB] were 124.40M which represents 36.92% growth. Gross Profit Margin for this corporation currently stands at 0.89% with Operating Profit Margin at 0.28%, Pretax Profit Margin comes in at 0.25%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.15, Equity is 0.24 and Total Capital is 0.23. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.2.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.36 points at the first support level, and at 14.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.27, and for the 2nd resistance point, it is at 16.58.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Gambling.com Group Ltd [NASDAQ:GAMB] is 1.03. Also, the Quick Ratio is 1.03, while the Cash Ratio stands at 0.45. Considering the valuation of this stock, the price to sales ratio is 4.73, the price to book ratio is 4.46 and price to earnings (TTM) ratio is 20.45.

Transactions by insiders

Recent insider trading involved Blandford Mark, 10% Owner, that happened on Dec 13 ’24 when 1.05 million shares were purchased. 10% Owner, Boatside Investments completed a deal on Oct 24 ’24 to buy 0.48 million shares.

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