Gfinity (LON:GFIN) Shares Down 7.7% – Should You Sell?

Gfinity plc (LON:GFIN) shares fell 7.7% during trading on Tuesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 27,400,039 shares traded hands during trading, an increase of 12% from the average session volume of 24,414,199 shares. The stock had previously closed at GBX 0.07 ($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 0.03. The company has a market cap of £3.42 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 issued its quarterly earnings data 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.