Gfinity (LON:GFIN) Trading Up 23% – Time to Buy?

Gfinity plc (LON:GFIN)’s stock price traded up 23% during trading on Tuesday . The stock traded as high as GBX 0.13 ($0.00) and last traded at GBX 0.12 ($0.00). 163,180,938 shares traded hands during trading, an increase of 123% from the average session volume of 73,014,898 shares. The stock had previously closed at GBX 0.10 ($0.00).

Gfinity Price Performance

The company has a market capitalization of £4.28 million, a P/E ratio of -0.29 and a beta of 0.40. The company has a fifty day moving average price of GBX 0.06 and a 200 day moving average price of GBX 0.04. The company has a debt-to-equity ratio of 8.91, a current ratio of 1.28 and a quick ratio of 1.13.

Gfinity (LON:GFIN) last issued its quarterly earnings data on Monday, January 13th. The company reported GBX (0.02) ($0.00) earnings per share (EPS) for the quarter. On average, sell-side analysts forecast that Gfinity plc will post 20 EPS for the current fiscal year.

Gfinity Company Profile

Gfinity (LON: GFIN) is a leading international esports business. Created by gamers for the world’s 2.2bn gamers, Gfinity has a unique understanding of this fast-growing global community.

It uses this expertise to provide both advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.

Gfinity connects its partners with the esports community in authentic and innovative ways.