Gfinity (LON:GFIN) Hits New 52-Week Low – Should You Sell?

Gfinity plc (LON:GFINGet Free Report)’s stock price hit a new 52-week low during mid-day trading on Thursday . The stock traded as low as GBX 0.03 and last traded at GBX 0.03, with a volume of 1954445 shares traded. The stock had previously closed at GBX 0.03.

Gfinity Stock Performance

The firm has a 50-day simple moving average of GBX 0.04 and a two-hundred day simple moving average of GBX 0.06. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91. The company has a market capitalization of £1.20 million, a price-to-earnings ratio of -1.35 and a beta of 0.40.

Gfinity (LON:GFINGet Free Report) last announced its quarterly earnings results on Thursday, December 18th. The company reported GBX (0.02) EPS for the quarter. As a group, sell-side analysts forecast that Gfinity plc will post 20 earnings per share for the current fiscal year.

Gfinity Company Profile

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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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