||EPS - Basic
||Market Cap (m)
|Travel & Leisure
|Stride Gaming Daily Update: Stride Gaming is listed in the Travel & Leisure sector of the London Stock Exchange with ticker STR. The last closing price for Stride Gaming was 228.50p.|
Stride Gaming has a 4 week average price of 221.53p and a 12 week average price of 224.62p.
The 1 year high share price is 288p while the 1 year low share price is currently 212p.
There are currently 67,366,785 shares in issue and the average daily traded volume is 364,595 shares. The market capitalisation of Stride Gaming is £153,933,103.73.
|czar: Note the appointment of Shore this morning. My take is the Company is not happy with Canaccord, there has been a big seller sitting on this stock for months. Stride keep delivering and the share price should be well over 300p but a seller has continued to drip stock into the market. This remind me very much of Gama Aviation that suffered a similar fate last year. Sadly it happens to illiquid AIM stocks. But that creates opportunity in my book. There has been some big volume over the last couple of weeks and I reckon that is Shore earning their stripes. When the overhang has gone this will be a great opportunity imho.|
|czar: Apparently the placing at 225p was many times oversubscribed and since then there has been news of beating expectations, major bank providing very competitive facility, increasing market share and indications of the clear profit drivers of organic growth, new vertical markets, and geographical expansion. I'm not expecting and improvement in the share price until this institutional seller is cleared and sadly they will just keep taking it lower for now IMHO. The good news is we can get in cheaper soon than the institutions who invested at 225p.|
|czar: Chief executive Eitan Boyd says he is delighted by organic growth across the underlying business.
Now the UK’s fourth largest bingo operator, Boyd says the group is well on the way for becoming a “£500mln plus company”.
That equates to an £8 share price.|
|alphabeta4: Quite a bit of press coverage today, highlights of 30% organic growth and target of £500m market cap (3x the current business).
|johnwise: 19 September 2016
Stride Gaming PLC Trading Statement
The Group is pleased to report that trading in the second half of the financial year has been very strong. As a result, the Board now expects its results to be ahead of market expectations, with Net Gaming Revenue for the year ended 31 August 2016 to be not less than GBP47m (2015: GBP27.8m) and EBITDA to be not less than GBP12.3m (2015: GBP7.3m), notwithstanding that the prior year contained only nine months of the Point of Consumption tax.
I'd hardly call it a bit of nosy buying. There were 5 trades totaling £1.47 million. Odd how it never shifted the share price upwards when sometimes a small volume of buying or selling can move the share price several percentage points in either direction.|
Stride Gaming share price data is direct from the London Stock Exchange