Gfinity (LON:GFIN) Trading Up 9.7% – Time to Buy?

Gfinity plc (LON:GFIN)’s stock price rose 9.7% during trading on Thursday . The stock traded as high as GBX 0.03 and last traded at GBX 0.03. Approximately 1,840,846 shares traded hands during trading, a decline of 94% from the average daily volume of 29,897,684 shares. The stock had previously closed at GBX 0.03.

Gfinity Stock Performance

The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91. The firm has a 50-day moving average of GBX 0.03 and a 200-day moving average of GBX 0.05. The stock has a market capitalization of £1.33 million, a price-to-earnings ratio of -1.50 and a beta of 0.40.

Gfinity (LON:GFIN) last posted its quarterly earnings results on Thursday, December 18th. The company reported GBX (0.02) earnings per share for the quarter. As a group, sell-side analysts predict that Gfinity plc will post 20 earnings per share 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.