Gfinity (LON:GFIN) Shares Up 11.7% – Should You Buy?

Gfinity plc (LON:GFIN)’s stock price traded up 11.7% during trading on Tuesday . The company traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). 3,351,478 shares changed hands during mid-day trading, a decline of 87% from the average session volume of 26,539,689 shares. The stock had previously closed at GBX 0.06 ($0.00).

Gfinity Price Performance

The firm has a market capitalization of £2.27 million, a price-to-earnings ratio of -0.29 and a beta of 0.40. The stock’s fifty day moving average price is GBX 0.05 and its two-hundred day moving average price is GBX 0.03. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91.

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

About Gfinity

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.