Devolver Digital (LON:DEVO) Stock Price Down 3.9% – Should You Sell?

Devolver Digital, Inc. (LON:DEVO)’s share price fell 3.9% on Wednesday . The company traded as low as GBX 24 ($0.30) and last traded at GBX 24.50 ($0.31). 37,240 shares traded hands during mid-day trading, a decline of 80% from the average session volume of 183,675 shares. The stock had previously closed at GBX 25.50 ($0.32).

Wall Street Analyst Weigh In

Separately, Shore Capital restated a “buy” rating on shares of Devolver Digital in a research note on Thursday, September 26th.

Devolver Digital Stock Performance

The stock has a market cap of £114.84 million, a price-to-earnings ratio of -2,450.00 and a beta of -0.43. The company has a debt-to-equity ratio of 0.62, a current ratio of 1.78 and a quick ratio of 4.85. The company’s fifty day moving average price is GBX 27.68 and its 200-day moving average price is GBX 29.89.

About Devolver Digital

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.