tinyBuild (LON:TBLD) Shares Up 2.9% – Time to Buy?

Shares of tinyBuild, Inc. (LON:TBLD) rose 2.9% on Tuesday . The stock traded as high as GBX 9.50 and last traded at GBX 9. Approximately 1,477,032 shares were traded during mid-day trading, an increase of 374% from the average session volume of 311,795 shares. The stock had previously closed at GBX 8.75.

Analyst Upgrades and Downgrades

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

tinyBuild Trading Up 2.9%

The firm has a market cap of £35.40 million, a price-to-earnings ratio of -9.00 and a beta of -0.43. 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 firm’s fifty day moving average is GBX 7.82 and its 200-day moving average is GBX 7.39.

tinyBuild Company Profile

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.