Christopher Merrill Roberts Acquires 2,500 Shares of Great Canadian Gaming Corp (GC) Stock

Great Canadian Gaming Corp (TSE:GC) insider Christopher Merrill Roberts acquired 2,500 shares of the business’s stock in a transaction on Monday, May 13th. The shares were bought at an average cost of C$41.37 per share, for a total transaction of C$103,425.00. Following the acquisition, the insider now owns 2,500 shares of the company’s stock, valued at approximately C$103,425.

Shares of Great Canadian Gaming stock opened at C$41.99 on Wednesday. The firm has a market capitalization of $2.51 billion and a PE ratio of 17.06. Great Canadian Gaming Corp has a 12 month low of C$40.43 and a 12 month high of C$56.32. The company has a debt-to-equity ratio of 238.04, a quick ratio of 1.37 and a current ratio of 1.48.

Great Canadian Gaming (TSE:GC) last announced its quarterly earnings data on Monday, May 6th. The company reported C$0.53 earnings per share (EPS) for the quarter. The firm had revenue of C$312.10 million during the quarter. As a group, equities research analysts expect that Great Canadian Gaming Corp will post 2.84999967760185 EPS for the current fiscal year.

A number of equities analysts have recently commented on GC shares. Royal Bank of Canada cut their target price on shares of Great Canadian Gaming from C$64.00 to C$63.00 and set an “average” rating on the stock in a report on Wednesday, May 1st. TD Securities cut their target price on shares of Great Canadian Gaming from C$70.00 to C$62.00 and set a “buy” rating on the stock in a report on Wednesday, March 6th. Scotiabank reaffirmed an “average” rating and issued a C$54.00 target price on shares of Great Canadian Gaming in a report on Thursday, March 7th. Finally, Cormark cut their target price on shares of Great Canadian Gaming from C$44.00 to C$41.00 in a report on Friday, April 5th.

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About Great Canadian Gaming

Great Canadian Gaming Corporation operates gaming properties in Canada and the United States. The company's gaming properties include casinos, horse racetrack casinos, community gaming centers, and commercial bingo halls. As of December 19, 2018, it had 29 gaming, entertainment, and hospitality facilities in Ontario, British Columbia, New Brunswick, Nova Scotia, and Washington State.

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Insider Buying and Selling by Quarter for Great Canadian Gaming (TSE:GC)

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