Gfinity (LON:GFIN) Trading Down 16.7% – Here’s Why

Gfinity plc (LON:GFIN)’s share price dropped 16.7% during trading on Monday . The stock traded as low as GBX 0.04 and last traded at GBX 0.04. 224,105,578 shares were traded during trading, an increase of 260% from the average session volume of 62,194,191 shares. The stock had previously closed at GBX 0.04.

Gfinity Stock Down 16.7%

The stock’s 50-day moving average price is GBX 0.04 and its two-hundred day moving average price is GBX 0.04. The stock has a market capitalization of £2.08 million, a PE ratio of 0.67 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.

Gfinity Company Profile

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.