tinyBuild (LON:TBLD) Trading Down 0.7% – Here’s What Happened

tinyBuild, Inc. (LON:TBLDGet Free Report) shares were down 0.7% during mid-day trading on Tuesday . The stock traded as low as GBX 9.69 and last traded at GBX 9.69. 198,385 shares were traded during trading, a decline of 41% from the average session volume of 338,126 shares. The stock had previously closed at GBX 9.75.

Wall Street Analyst Weigh In

Separately, Shore Capital Group reiterated a “hold” rating and set a GBX 8.50 target price on shares of tinyBuild in a research note on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, tinyBuild presently has an average rating of “Hold” and a consensus price target of GBX 8.50.

Check Out Our Latest Analysis on tinyBuild

tinyBuild Stock Down 5.6%

The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 3.88. The stock’s fifty day simple moving average is GBX 8.87 and its 200-day simple moving average is GBX 7.84. The stock has a market cap of £36.18 million, a P/E ratio of -9.20 and a beta of -0.43.

Insider Buying and Selling at tinyBuild

In related news, insider Alex Nichiporchik purchased 200,000 shares of the company’s stock in a transaction dated Friday, June 26th. The shares were acquired at an average cost of GBX 9 per share, for a total transaction of £18,000. Insiders own 62.19% of the company’s stock.

About tinyBuild

(Get Free Report)

Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.

tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe. The Group’s broad geographical footprint enables the Company to source high-potential IP, access cost-effective development resources, and build a loyal customer base through its innovative grassroots marketing.

tinyBuild was admitted to AIM, a market by the London Stock Exchange, in March 2021.

For further information, visit: www.tinybuildinvestors.com.

Further Reading

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