tinyBuild (LON:TBLD) Shares Up 6.1% – Should You Buy?

tinyBuild, Inc. (LON:TBLD) rose 6.1% during trading on Monday . The company traded as high as GBX 7.50 and last traded at GBX 6.50. Approximately 150,447 shares traded hands during mid-day trading, a decline of 34% from the average daily volume of 228,318 shares. The stock had previously closed at GBX 6.13.

Analysts Set New Price Targets

Separately, Shore Capital Group reaffirmed a “hold” rating on shares of tinyBuild in a research report on Thursday, March 19th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of GBX 10.

tinyBuild Trading Up 6.1%

The firm has a market capitalization of £25.56 million, a price-to-earnings ratio of -2.24 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 50-day simple moving average is GBX 7.17 and its 200 day simple moving average is GBX 7.62.

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.