Devolver Digital (LON:DEVO) Earns “Buy” Rating from Shore Capital Group

Devolver Digital (LON:DEVO)‘s stock had its “buy” rating restated by investment analysts at Shore Capital Group in a report issued on Friday,Digital Look reports. They currently have a GBX 27 price target on the stock. Shore Capital Group’s price target points to a potential upside of 46.74% from the company’s current price.

Devolver Digital Stock Performance

Devolver Digital stock traded up GBX 0.90 on Friday, reaching GBX 18.40. 180,604 shares of the stock were exchanged, compared to its average volume of 108,534. The stock has a market cap of £86.18 million, a PE ratio of -5.41 and a beta of -0.43. The company has a current ratio of 1.78, a quick ratio of 4.85 and a debt-to-equity ratio of 0.57. Devolver Digital has a twelve month low of GBX 17 and a twelve month high of GBX 28. The firm has a fifty day moving average price of GBX 21.08 and a two-hundred day moving average price of GBX 23.08.

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.