Gfinity (LON:GFIN) Stock Price Up 11.7% – Here’s What Happened

Gfinity plc (LON:GFIN)’s stock price traded up 11.7% during trading on Tuesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 3,351,478 shares changed hands during trading, a decline of 87% from the average session volume of 26,539,689 shares. The stock had previously closed at GBX 0.06 ($0.00).

Gfinity Price Performance

The business has a 50-day simple moving average of GBX 0.06 and a two-hundred day simple moving average of GBX 0.03. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. The stock has a market capitalization of £2.45 million, a price-to-earnings ratio of -0.29 and a beta of 0.40.

Gfinity (LON:GFIN) last announced its quarterly earnings data on Monday, January 13th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. As a group, research analysts predict that Gfinity plc will post 20 earnings per share for the current fiscal year.

About Gfinity

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.