Devolver Digital (LON:DEVO) Hits New 12-Month Low – Should You Sell?

Devolver Digital, Inc. (LON:DEVO) reached a new 52-week low on Thursday . The stock traded as low as GBX 19 and last traded at GBX 19, with a volume of 5493 shares traded. The stock had previously closed at GBX 19.

Analyst Ratings Changes

Separately, Shore Capital Group downgraded shares of Devolver Digital to a “buy” rating and set a GBX 27 price target for the company. in a research note on Thursday, April 9th. One analyst has rated the stock with a Buy rating, According to MarketBeat.com, Devolver Digital currently has an average rating of “Buy” and an average price target of GBX 27.

Devolver Digital Stock Performance

The company has a market capitalization of £88.99 million, a P/E ratio of -5.59 and a beta of -0.43. The company’s 50 day moving average is GBX 21.61 and its 200-day moving average is GBX 23.34. The company has a current ratio of 1.78, a quick ratio of 4.85 and a debt-to-equity ratio of 0.57.

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.