Devolver Digital (LON:DEVO) Stock Price Up 2.4% – Should You Buy?

Devolver Digital, Inc. (LON:DEVO) rose 2.4% during mid-day trading on Wednesday . The stock traded as high as GBX 21 ($0.27) and last traded at GBX 21 ($0.27). Approximately 25,691 shares changed hands during mid-day trading, a decline of 91% from the average daily volume of 279,420 shares. The stock had previously closed at GBX 20.50 ($0.27).

Analyst Upgrades and Downgrades

Separately, Shore Capital restated a “hold” rating on shares of Devolver Digital in a research report on Tuesday, February 4th.

Devolver Digital Trading Up 2.4 %

The company has a market cap of £124.71 million, a P/E ratio of -16.31 and a beta of -0.43. The stock’s 50-day moving average is GBX 23.24 and its two-hundred day moving average is GBX 25.99. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.78 and a quick ratio of 4.85.

Devolver Digital Company Profile

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.