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

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

Gfinity Stock Performance

The stock has a 50 day simple moving average of GBX 0.06 and a 200 day simple moving average of GBX 0.04. The company has a market cap of £4.28 million, a price-to-earnings ratio of -0.29 and a beta of 0.40. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91.

Gfinity (LON:GFIN) last released its quarterly earnings results on Monday, January 13th. The company reported GBX (0.02) ($0.00) EPS for the quarter. As a group, analysts predict that Gfinity plc will post 20 EPS for the current 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.