Snail (NASDAQ:SNAL) Shares Down 9.7% – Time to Sell?

Shares of Snail, Inc. (NASDAQ:SNAL) traded down 9.7% during trading on Monday . The company traded as low as $1.38 and last traded at $1.39. 31,492 shares changed hands during trading, a decline of 72% from the average session volume of 114,322 shares. The stock had previously closed at $1.54.

Snail Stock Performance

The company has a market capitalization of $54.69 million, a PE ratio of 16.44 and a beta of -0.54. The stock’s 50 day moving average is $2.12 and its 200 day moving average is $1.58.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in Snail stock. Geode Capital Management LLC acquired a new stake in shares of Snail, Inc. (NASDAQ:SNAL) during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 18,944 shares of the company’s stock, valued at approximately $35,000. Geode Capital Management LLC owned approximately 0.05% of Snail at the end of the most recent quarter. Institutional investors and hedge funds own 0.36% of the company’s stock.

Snail Company Profile

Snail, Inc, together with its subsidiaries, researches, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. Snail, Inc was founded in 2009 and is headquartered in Culver City, California.