Devolver Digital (LON:DEVO) Downgraded to “Buy” Rating by Shore Capital Group

Shore Capital Group lowered shares of Devolver Digital (LON:DEVO) to a buy rating in a research report released on Thursday morning,London Stock Exchange reports. They currently have GBX 27 price objective on the stock.

Devolver Digital Stock Performance

Shares of Devolver Digital stock opened at GBX 22 on Thursday. Devolver Digital has a one year low of GBX 19.50 and a one year high of GBX 28. The company has a market cap of £102.36 million, a PE ratio of -8.46 and a beta of -0.43. The company has a debt-to-equity ratio of 0.64, a quick ratio of 4.85 and a current ratio of 1.71. The business has a 50-day simple moving average of GBX 24.47 and a 200-day simple moving average of GBX 24.81.

Devolver Digital Company Profile

Devolver Digital Inc develops, publishes video games for PC and mobile devices in the United States and internationally. Devolver Digital Inc was incorporated in 2008 and is based in Austin, Texas.