Gfinity plc (LON:GFIN) Insider Acquires £1,440,000 in Stock

Gfinity plc (LON:GFINGet Free Report) insider David Halley purchased 24,000,000 shares of Gfinity stock in a transaction on Friday, February 14th. The shares were acquired at an average cost of GBX 6 ($0.08) per share, for a total transaction of £1,440,000 ($1,816,576.26).

Gfinity Trading Down 3.8 %

Shares of GFIN stock opened at GBX 0.10 ($0.00) on Wednesday. The firm’s 50 day moving average price is GBX 0.07 and its two-hundred day moving average price is GBX 0.04. Gfinity plc has a fifty-two week low of GBX 0.01 ($0.00) and a fifty-two week high of GBX 0.13 ($0.00). 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 stock has a market cap of £3.60 million, a price-to-earnings ratio of -0.29 and a beta of 0.40.

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

About Gfinity

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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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