Gfinity (LON:GFIN) Trading Up 13.9% – Here’s What Happened

Gfinity plc (LON:GFIN) shot up 13.9% on Wednesday . The company traded as high as GBX 0.04 and last traded at GBX 0.04. 72,206,305 shares changed hands during mid-day trading, an increase of 104% from the average session volume of 35,423,051 shares. The stock had previously closed at GBX 0.04.

Gfinity Trading Up 5.0%

The firm has a 50 day simple moving average of GBX 0.03 and a 200 day simple moving average of GBX 0.05. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91. The firm has a market capitalization of £1.87 million, a PE ratio of -2.10 and a beta of 0.40.

Gfinity (LON:GFIN) last released its quarterly earnings data on Thursday, December 18th. The company reported GBX (0.02) EPS for the quarter. Equities analysts expect that Gfinity plc will post 20 earnings per share for the current fiscal 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.