Great Canadian Gaming Corp (GC) Senior Officer Purchases C$84,380.00 in Stock

Great Canadian Gaming Corp (GC) Senior Officer Purchases C$84,380.00 in Stock

Great Canadian Gaming Corp (TSE:GC) Senior Officer Patrick Stephen Ennis purchased 2,000 shares of the stock in a transaction dated Friday, May 10th. The shares were bought at an average price of C$42.19 per share, with a total value of C$84,380.00. Following the completion of the acquisition, the insider now directly owns 4,500 shares of the company’s stock, valued at approximately C$189,855.

TSE GC opened at C$41.75 on Thursday. The firm has a market capitalization of $2.51 billion and a P/E ratio of 16.96. Great Canadian Gaming Corp has a twelve month low of C$40.43 and a twelve month high of C$56.32. The company has a debt-to-equity ratio of 238.04, a current ratio of 1.48 and a quick ratio of 1.37.

Great Canadian Gaming (TSE:GC) last posted its quarterly earnings data on Monday, May 6th. The company reported C$0.53 earnings per share for the quarter. The company had revenue of C$312.10 million during the quarter. On average, sell-side analysts anticipate that Great Canadian Gaming Corp will post 2.84999967760185 EPS for the current fiscal year.

A number of research firms recently weighed in on GC. Cormark decreased their price objective on Great Canadian Gaming from C$44.00 to C$41.00 in a report on Friday, April 5th. Royal Bank of Canada decreased their price objective on Great Canadian Gaming from C$63.00 to C$57.00 and set an “outperform” rating for the company in a report on Tuesday, May 7th. TD Securities decreased their price objective on Great Canadian Gaming from C$62.00 to C$56.00 and set a “buy” rating for the company in a report on Tuesday, May 7th. Finally, Scotiabank restated an “average” rating and issued a C$54.00 price objective on shares of Great Canadian Gaming in a report on Thursday, March 7th.

Great Canadian Gaming Company Profile

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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