tinyBuild (LON:TBLD) Stock Price Up 11.1% – Here’s What Happened

tinyBuild, Inc. (LON:TBLD) shares were up 11.1% on Monday . The stock traded as high as GBX 10.50 and last traded at GBX 10. 2,161,065 shares traded hands during trading, an increase of 571% from the average session volume of 321,934 shares. The stock had previously closed at GBX 9.

Wall Street Analyst Weigh In

Separately, Shore Capital Group restated a “hold” rating and issued a GBX 8.50 target price on shares of tinyBuild in a report on Thursday, June 18th. One equities research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, tinyBuild currently has an average rating of “Hold” and a consensus target price of GBX 8.50.

tinyBuild Stock Up 11.1%

The company’s 50-day moving average price is GBX 7.94 and its 200 day moving average price is GBX 7.44. The company has a debt-to-equity ratio of 0.20, a quick ratio of 3.88 and a current ratio of 0.94. The stock has a market cap of £39.33 million, a PE ratio of -10.00 and a beta of -0.43.

About tinyBuild

Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.

tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe. The Group’s broad geographical footprint enables the Company to source high-potential IP, access cost-effective development resources, and build a loyal customer base through its innovative grassroots marketing.

tinyBuild was admitted to AIM, a market by the London Stock Exchange, in March 2021.

For further information, visit: www.tinybuildinvestors.com.