Gfinity (LON:GFIN) Trading 11.7% Higher – Still a Buy?

Gfinity plc (LON:GFIN) shares rose 11.7% during trading on Tuesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 3,351,478 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 26,539,689 shares. The stock had previously closed at GBX 0.06 ($0.00).

Gfinity Stock Performance

The firm’s 50-day moving average price is GBX 0.06 and its two-hundred day moving average price is GBX 0.03. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. The firm has a market capitalization of £2.45 million, a PE ratio of -0.29 and a beta of 0.40.

Gfinity (LON:GFIN) last posted its quarterly earnings data on Monday, January 13th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. As a group, research analysts predict that Gfinity plc will post 20 earnings per share for the current fiscal year.

About Gfinity

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.