Gfinity (LON:GFIN) Shares Up 13.2% – Still a Buy?

Shares of Gfinity plc (LON:GFIN) shot up 13.2% during trading on Thursday . The company traded as high as GBX 0.06 and last traded at GBX 0.06. 168,167,141 shares traded hands during trading, an increase of 287% from the average session volume of 43,441,344 shares. The stock had previously closed at GBX 0.05.

Gfinity Stock Up 5.7%

The company has a market capitalization of £2.49 million, a PE ratio of 0.01 and a beta of 0.40. The company has a debt-to-equity ratio of 8.91, a quick ratio of 1.13 and a current ratio of 1.28. The stock’s 50 day moving average is GBX 0.04 and its 200 day moving average is GBX 0.05.

Gfinity (LON:GFIN) last announced its quarterly earnings results on Monday, March 23rd. The company reported GBX (0.50) EPS for the quarter. On average, sell-side analysts anticipate that Gfinity plc will post 20 EPS for the current fiscal year.

About Gfinity

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.