Gfinity (LON:GFIN) Shares Up 13.9% – Time to Buy?

Gfinity plc (LON:GFINGet Free Report) was up 13.9% on Wednesday . The company traded as high as GBX 0.04 and last traded at GBX 0.04. Approximately 72,206,305 shares were traded during trading, an increase of 104% from the average daily volume of 35,423,051 shares. The stock had previously closed at GBX 0.04.

Gfinity Stock Performance

The firm has a market cap of £2.00 million, a P/E ratio of -2.25 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 stock’s 50-day moving average is GBX 0.03 and its 200 day moving average is GBX 0.05.

Gfinity (LON:GFINGet Free Report) last posted its earnings results on Thursday, December 18th. The company reported GBX (0.02) earnings per share for the quarter. On average, research analysts predict that Gfinity plc will post 20 earnings per share for the current 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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