Gfinity (LON:GFIN) Issues Quarterly Earnings Results

Gfinity (LON:GFIN) posted its quarterly earnings results on Wednesday. The company reported GBX (7.70) (($0.10)) earnings per share for the quarter, Digital Look Earnings reports.

Gfinity Price Performance

LON:GFIN remained flat at GBX 0.08 ($0.00) on Friday. 17,493,877 shares of the company’s stock were exchanged, compared to its average volume of 55,160,906. The company has a debt-to-equity ratio of 8.91, a quick ratio of 1.13 and a current ratio of 1.28. The firm has a market capitalization of £2.88 million, a price-to-earnings ratio of -0.29 and a beta of 0.40. Gfinity has a 12-month low of GBX 0.01 ($0.00) and a 12-month high of GBX 0.13 ($0.00). The company has a 50 day moving average of GBX 0.08 and a two-hundred day moving average of GBX 0.05.

Insiders Place Their Bets

In other Gfinity news, insider David Halley bought 24,000,000 shares of the business’s stock in a transaction on Friday, February 14th. The stock was purchased at an average price of GBX 6 ($0.08) per share, for a total transaction of £1,440,000 ($1,867,219.92). Company insiders own 44.36% of the company’s stock.

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.