tinyBuild (LON:TBLD) Reaches New 12-Month High – Still a Buy?

tinyBuild, Inc. (LON:TBLD) shares reached a new 52-week high on Monday . The company traded as high as GBX 14 and last traded at GBX 14, with a volume of 653552 shares traded. The stock had previously closed at GBX 13.50.

Analyst Ratings Changes

Separately, Shore Capital Group reiterated a “hold” rating and set a GBX 8.50 price target on shares of tinyBuild in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of GBX 8.50.

tinyBuild Price Performance

The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.88 and a current ratio of 0.94. The stock has a market cap of £55.06 million, a P/E ratio of -14.00 and a beta of -0.43. The business has a 50 day simple moving average of GBX 10.78 and a 200-day simple moving average of GBX 8.87.

Insider Buying and Selling at tinyBuild

In related news, insider Alex Nichiporchik acquired 200,000 shares of the stock in a transaction dated Friday, June 26th. The shares were purchased at an average price of GBX 9 per share, for a total transaction of £18,000. Company insiders own 62.30% of the company’s stock.

tinyBuild Company Profile

Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.

tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe. The Group’s broad geographical footprint enables the Company to source high-potential IP, access cost-effective development resources, and build a loyal customer base through its innovative grassroots marketing.

tinyBuild was admitted to AIM, a market by the London Stock Exchange, in March 2021.

For further information, visit: www.tinybuildinvestors.com.