Gfinity (LON:GFIN) Trading Down 6.3% – What’s Next?

Gfinity plc (LON:GFINGet Free Report)’s share price dropped 6.3% on Tuesday . The company traded as low as GBX 0.03 and last traded at GBX 0.03. Approximately 68,839,477 shares traded hands during trading, an increase of 92% from the average daily volume of 35,848,441 shares. The stock had previously closed at GBX 0.03.

Gfinity Stock Performance

The stock has a fifty day moving average of GBX 0.04 and a 200-day moving average of GBX 0.06. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. The stock has a market capitalization of £1.33 million, a PE ratio of -1.50 and a beta of 0.40.

Gfinity (LON:GFINGet Free Report) last announced its quarterly earnings data on Thursday, December 18th. The company reported GBX (0.02) earnings per share (EPS) for the quarter. Equities analysts anticipate that Gfinity plc will post 20 earnings per share for the current fiscal year.

About Gfinity

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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.

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