Gfinity (LON:GFIN) Shares Down 16.7% – Here’s What Happened

Gfinity plc (LON:GFIN)’s stock price fell 16.7% on Tuesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. 146,799,391 shares were traded during mid-day trading, an increase of 142% from the average daily volume of 60,570,355 shares. The stock had previously closed at GBX 0.04.

Gfinity Stock Performance

The company has a market capitalization of £1.84 million, a P/E ratio of 0.60 and a beta of 0.40. The company’s 50 day moving average is GBX 0.04 and its 200-day moving average is GBX 0.04. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91.

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.