Devolver Digital (LON:DEVO) Stock Price Up 2.4% – Should You Buy?

Devolver Digital, Inc. (LON:DEVO) rose 2.4% during mid-day trading on Wednesday . The company traded as high as GBX 21 ($0.27) and last traded at GBX 21 ($0.27). Approximately 25,691 shares traded hands during trading, a decline of 91% from the average daily volume of 279,420 shares. The stock had previously closed at GBX 20.50 ($0.27).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Devolver Digital in a report on Tuesday, February 4th.

Devolver Digital Price Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 1.78 and a quick ratio of 4.85. The firm has a market capitalization of £124.71 million, a P/E ratio of -16.31 and a beta of -0.43. The firm’s 50 day simple moving average is GBX 23.24 and its two-hundred day simple moving average is GBX 25.99.

Devolver Digital Company Profile

Devolver Digital Inc develops, publishes video games for PC and mobile devices in the United States and internationally. Devolver Digital Inc was incorporated in 2008 and is based in Austin, Texas.