Gfinity (LON:GFIN) Shares Down 6.9% – Time to Sell?

Shares of Gfinity plc (LON:GFIN) fell 6.9% on Tuesday . The stock traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.07 ($0.00). 12,249,158 shares traded hands during mid-day trading, a decline of 65% from the average session volume of 34,792,738 shares. The stock had previously closed at GBX 0.07 ($0.00).

Gfinity Price Performance

The stock has a market cap of £2.59 million, a P/E 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. The stock’s 50-day moving average is GBX 0.05 and its 200-day moving average is GBX 0.03.

About Gfinity

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.