tinyBuild (LON:TBLD) Sets New 52-Week High – Still a Buy?

tinyBuild, Inc. (LON:TBLD) shares reached a new 52-week high on Monday . The stock traded as high as GBX 12.60 and last traded at GBX 12.60, with a volume of 1096326 shares traded. The stock had previously closed at GBX 12.

Wall Street Analysts Forecast Growth

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

tinyBuild Stock Up 5.0%

The company has a current ratio of 0.94, a quick ratio of 3.88 and a debt-to-equity ratio of 0.20. The business’s fifty day moving average price is GBX 10.54 and its 200 day moving average price is GBX 8.67. The company has a market capitalization of £49.55 million, a P/E ratio of -12.60 and a beta of -0.43.

Insider Buying and Selling at tinyBuild

In related news, insider Alex Nichiporchik bought 200,000 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was acquired at an average cost of GBX 9 per share, with a total value of £18,000. Corporate insiders own 62.30% of the company’s stock.

tinyBuild Company Profile

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.