Gfinity (LON:GFIN) Trading Down 12.9% – Here’s What Happened

Gfinity plc (LON:GFINGet Free Report)’s share price traded down 12.9% during mid-day trading on Tuesday . The company traded as low as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). 21,172,846 shares traded hands during mid-day trading, a decline of 19% from the average session volume of 26,034,150 shares. The stock had previously closed at GBX 0.06 ($0.00).

Gfinity Stock Down 11.3 %

The company has a debt-to-equity ratio of 8.91, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a market cap of £1.98 million, a price-to-earnings ratio of -0.29 and a beta of 0.40. The firm’s 50-day moving average is GBX 0.04 and its 200 day moving average is GBX 0.03.

About Gfinity

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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.

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