Gfinity (LON:GFIN) Trading Up 9.7% – Should You Buy?

Shares of Gfinity plc (LON:GFIN) shot up 9.7% on Friday . The company traded as high as GBX 0.03 and last traded at GBX 0.03. 4,748,453 shares traded hands during mid-day trading, a decline of 85% from the average session volume of 31,864,742 shares. The stock had previously closed at GBX 0.03.

Gfinity Price Performance

The firm has a market cap of £1.20 million, a price-to-earnings ratio of -1.35 and a beta of 0.40. 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’s 50-day moving average price is GBX 0.03 and its 200 day moving average price is GBX 0.06.

Gfinity (LON:GFIN) last released its earnings results on Thursday, December 18th. The company reported GBX (0.02) earnings per share for the quarter. Equities research analysts predict that Gfinity plc will post 20 earnings per share for the current year.

Gfinity Company Profile

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.