Gfinity (LON:GFIN) Releases Quarterly Earnings Results

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

Gfinity Stock Performance

Shares of Gfinity stock opened at GBX 0.08 ($0.00) on Friday. The stock has a market cap of £2.88 million, a P/E ratio of -0.29 and a beta of 0.40. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. Gfinity has a 12-month low of GBX 0.01 ($0.00) and a 12-month high of GBX 0.13 ($0.00). The business’s 50 day moving average is GBX 0.08 and its 200-day moving average is GBX 0.05.

Insider Activity at Gfinity

In other news, insider David Halley acquired 24,000,000 shares of the stock in a transaction on Friday, February 14th. The shares were purchased at an average price of GBX 6 ($0.08) per share, for a total transaction of £1,440,000 ($1,867,219.92). 44.36% of the stock is owned by company insiders.

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.