Gfinity (LON:GFIN) Stock Price Up 9.7% – Here’s What Happened

Gfinity plc (LON:GFINGet Free Report) shares rose 9.7% during mid-day trading on Friday . The stock traded as high as GBX 0.03 and last traded at GBX 0.03. Approximately 4,748,453 shares changed hands during trading, a decline of 85% from the average daily volume of 31,864,742 shares. The stock had previously closed at GBX 0.03.

Gfinity Stock Performance

The stock has a market capitalization of £1.20 million, a price-to-earnings ratio of -1.35 and a beta of 0.40. The company has a debt-to-equity ratio of 8.91, a current ratio of 1.28 and a quick ratio of 1.13. The stock has a 50-day moving average of GBX 0.03 and a 200 day moving average of GBX 0.06.

Gfinity (LON:GFINGet Free Report) last issued its earnings results on Thursday, December 18th. The company reported GBX (0.02) earnings per share (EPS) for the quarter. On average, analysts expect that Gfinity plc will post 20 EPS for the current 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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