Gfinity (LON:GFIN) Announces Earnings Results

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

Gfinity Stock Performance

LON:GFIN remained flat at GBX 0.08 ($0.00) during midday trading on Friday. 17,282,617 shares of the company were exchanged, compared to its average volume of 55,156,766. Gfinity has a 12 month low of GBX 0.01 ($0.00) and a 12 month high of GBX 0.13 ($0.00). The firm has a 50-day moving average price of GBX 0.08 and a 200-day moving average price of GBX 0.05. 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 company has a market cap of £2.88 million, a PE ratio of -0.29 and a beta of 0.40.

Insider Activity at Gfinity

In other news, insider David Halley bought 24,000,000 shares of the firm’s stock in a transaction that occurred on Friday, February 14th. The stock was bought at an average price of GBX 6 ($0.08) per share, with a total value of £1,440,000 ($1,867,219.92). 44.36% of the stock is currently owned by corporate 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.