Gfinity (LON:GFIN) Shares Down 7.7% – What’s Next?

Gfinity plc (LON:GFIN)’s share price fell 7.7% during trading on Tuesday . The company traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). 27,400,039 shares traded hands during mid-day trading, an increase of 12% from the average session volume of 24,414,199 shares. The stock had previously closed at GBX 0.07 ($0.00).

Gfinity Trading Down 7.7 %

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 company’s 50 day moving average is GBX 0.06 and its 200 day moving average is GBX 0.03. The stock has a market capitalization of £2.16 million, a price-to-earnings ratio of -0.29 and a beta of 0.40.

Gfinity (LON:GFIN) last posted its quarterly earnings results on Monday, January 13th. The company reported GBX (0.02) ($0.00) EPS for the quarter. On average, research analysts forecast that Gfinity plc will post 20 EPS for the current fiscal year.

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.