Gfinity (LON:GFIN) Trading Down 9.7% – Time to Sell?

Gfinity plc (LON:GFINGet Free Report)’s stock price traded down 9.7% on Wednesday . The company traded as low as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 11,573,694 shares changed hands during mid-day trading, a decline of 58% from the average session volume of 27,429,480 shares. The stock had previously closed at GBX 0.07 ($0.00).

Gfinity Trading Down 9.7 %

The business has a 50 day simple moving average of GBX 0.05 and a 200-day simple moving average of GBX 0.03. The stock has a market capitalization of £2.34 million, a price-to-earnings ratio of -0.29 and a beta of 0.40. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91.

Gfinity (LON:GFINGet Free Report) last released its quarterly earnings data on Monday, January 13th. The company reported GBX (0.02) ($0.00) EPS for the quarter. On average, equities analysts predict that Gfinity plc will post 20 earnings per share for the current year.

Gfinity Company Profile

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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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