Gfinity (LON:GFIN) Announces Earnings Results

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

Gfinity Stock Performance

Gfinity stock opened at GBX 0.08 ($0.00) on Friday. The company has a market cap 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 debt-to-equity ratio of 8.91, a current ratio of 1.28 and a quick ratio of 1.13. The stock’s 50-day moving average is GBX 0.08 and its 200-day moving average is GBX 0.05.

Insider Transactions at Gfinity

In related news, insider David Halley acquired 24,000,000 shares of the business’s stock in a transaction on Friday, February 14th. The shares were bought at an average cost of GBX 6 ($0.08) per share, with a total value 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.