Devolver Digital (LON:DEVO) Shares Down 2% – Here’s Why

Devolver Digital, Inc. (LON:DEVO) shares fell 2% on Monday . The company traded as low as GBX 24 and last traded at GBX 24.50. 290,118 shares traded hands during trading, an increase of 114% from the average session volume of 135,443 shares. The stock had previously closed at GBX 25.

Analyst Ratings Changes

Separately, Shore Capital Group restated a “hold” rating on shares of Devolver Digital in a research report on Monday, February 9th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Devolver Digital presently has an average rating of “Hold”.

Devolver Digital Price Performance

The company has a current ratio of 1.71, a quick ratio of 4.85 and a debt-to-equity ratio of 0.64. The stock has a 50 day simple moving average of GBX 24.51 and a 200-day simple moving average of GBX 24.84. The firm has a market cap of £111.67 million, a PE ratio of -9.23 and a beta of -0.43.

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.