Devolver Digital (LON:DEVO) Stock Price Down 3.9% – Here’s Why

Shares of Devolver Digital, Inc. (LON:DEVO) fell 3.9% during trading on Wednesday . The company traded as low as GBX 24 ($0.30) and last traded at GBX 24.50 ($0.31). 37,240 shares traded hands during trading, a decline of 80% from the average session volume of 183,675 shares. The stock had previously closed at GBX 25.50 ($0.32).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Devolver Digital in a research report on Thursday, September 26th.

Devolver Digital Stock Performance

The stock has a market capitalization of £114.84 million, a P/E ratio of -2,450.00 and a beta of -0.43. The stock’s 50 day moving average price is GBX 27.68 and its 200-day moving average price is GBX 29.89. The company has a quick ratio of 4.85, a current ratio of 1.78 and a debt-to-equity ratio of 0.62.

About Devolver Digital

Devolver Digital Inc develops, publishes video games for PC and mobile devices in the United States and internationally. Devolver Digital Inc was incorporated in 2008 and is based in Austin, Texas.