Gfinity (LON:GFIN) Issues Earnings Results

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

Gfinity Stock Performance

Shares of LON:GFIN opened at GBX 0.08 ($0.00) on Friday. The firm has a 50 day moving average of GBX 0.08 and a 200 day moving average of GBX 0.05. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. The company 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 52 week low of GBX 0.01 ($0.00) and a 52 week high of GBX 0.13 ($0.00).

Insider Buying and Selling at Gfinity

In other news, insider David Halley bought 24,000,000 shares of Gfinity stock in a transaction on Friday, February 14th. The stock was acquired at an average cost of GBX 6 ($0.08) per share, for a total transaction of £1,440,000 ($1,867,219.92). 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.