Devolver Digital (LON:DEVO) Shares Up 2.4% – What’s Next?

Devolver Digital, Inc. (LON:DEVO)’s stock price shot up 2.4% on Wednesday . The stock traded as high as GBX 21 ($0.27) and last traded at GBX 21 ($0.27). 25,691 shares traded hands during trading, a decline of 91% from the average session volume of 279,420 shares. The stock had previously closed at GBX 20.50 ($0.26).

Analysts Set New Price Targets

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

Devolver Digital Trading Down 3.6 %

The firm’s fifty day simple moving average is GBX 23.19 and its 200-day simple moving average is GBX 25.96. The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.85 and a current ratio of 1.78. The stock has a market cap of £120.25 million, a P/E ratio of -15.73 and a beta of -0.43.

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.