tinyBuild (LON:TBLD) Shares Down 6.3% – Here’s What Happened

Shares of tinyBuild, Inc. (LON:TBLD) dropped 6.3% during mid-day trading on Wednesday . The stock traded as low as GBX 5.62 ($0.07) and last traded at GBX 5.62 ($0.07). Approximately 86,166 shares traded hands during trading, a decline of 68% from the average daily volume of 265,841 shares. The stock had previously closed at GBX 6 ($0.08).

tinyBuild Price Performance

The stock has a market capitalization of £26.46 million, a P/E ratio of -0.56 and a beta of -0.43. The company has a 50 day moving average of GBX 6.08 and a 200-day moving average of GBX 5.01. The company has a quick ratio of 3.88, a current ratio of 1.19 and a debt-to-equity ratio of 0.97.

tinyBuild Company Profile

Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.

tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe.