Devolver Digital (LON:DEVO) Stock Price Down 2.3% – What’s Next?

Devolver Digital, Inc. (LON:DEVO) fell 2.3% on Friday . The company traded as low as GBX 21 and last traded at GBX 21. 1,505 shares changed hands during mid-day trading, a decline of 99% from the average session volume of 126,250 shares. The stock had previously closed at GBX 21.50.

Analyst Ratings Changes

Separately, Shore Capital Group downgraded shares of Devolver Digital to a “buy” rating and set a GBX 27 price target for the company. in a report on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of GBX 27.

Devolver Digital Stock Down 2.3%

The company has a quick ratio of 4.85, a current ratio of 1.78 and a debt-to-equity ratio of 0.57. The company has a market capitalization of £98.35 million, a PE ratio of -6.18 and a beta of -0.43. The business’s 50 day simple moving average is GBX 22.46 and its 200 day simple moving average is GBX 23.90.

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.