Shore Capital Group Downgrades tinyBuild (LON:TBLD) to Sell

tinyBuild (LON:TBLD – Get Free Report) was downgraded by analysts at Shore Capital Group to a “sell” rating in a research report issued on Thursday, Marketbeat Ratings reports. They currently have a GBX 9 price target on the stock. Shore Capital Group’s price objective would indicate a potential downside of 23.40% from the stock’s current price.

tinyBuild Price Performance

Shares of LON:TBLD traded down GBX 0.75 during midday trading on Thursday, reaching GBX 11.75. 1,505,673 shares of the company’s stock were exchanged, compared to its average volume of 372,188. The company’s 50 day simple moving average is GBX 11.12 and its two-hundred day simple moving average is GBX 9.11. The firm has a market capitalization of £46.21 million, a PE ratio of -11.75 and a beta of -0.43. tinyBuild has a 12 month low of GBX 6 and a 12 month high of GBX 16. The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.88 and a current ratio of 0.98.

About tinyBuild

(Get Free Report)

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.

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