Gfinity (LON:GFIN) Shares Down 7.7% – Should You Sell?

Gfinity plc (LON:GFIN)’s stock price was down 7.7% on Tuesday . The stock traded as low as GBX 0.06 ($0.00) and last traded at GBX 0.06 ($0.00). Approximately 27,400,039 shares traded hands during trading, an increase of 12% from the average daily volume of 24,414,199 shares. The stock had previously closed at GBX 0.07 ($0.00).

Gfinity Trading Down 7.7 %

The company has a market capitalization of £2.16 million, a price-to-earnings ratio of -0.29 and a beta of 0.40. The company has a debt-to-equity ratio of 8.91, a quick ratio of 1.13 and a current ratio of 1.28. The business’s 50-day simple moving average is GBX 0.06 and its 200-day simple moving average is GBX 0.03.

Gfinity (LON:GFIN) last announced its quarterly earnings data on Monday, January 13th. The company reported GBX (0.02) ($0.00) earnings per share for the quarter. On average, research analysts expect that Gfinity plc will post 20 earnings per share for the current fiscal 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.