tinyBuild (LON:TBLD) Rating Lowered to “Sell” at Shore Capital Group

tinyBuild (LON:TBLD) was downgraded by equities research analysts at Shore Capital Group to a “sell” rating in a note issued to investors on Thursday, MarketBeat.com reports. They presently have a GBX 9 price objective on the stock. Shore Capital Group’s target price points to a potential downside of 28.00% from the company’s previous close.

tinyBuild Price Performance

LON:TBLD opened at GBX 12.50 on Thursday. The firm has a market capitalization of £49.16 million, a price-to-earnings ratio of -12.50 and a beta of -0.43. The company has a debt-to-equity ratio of 0.06, a current ratio of 0.98 and a quick ratio of 3.88. The business has a 50 day simple moving average of GBX 11.12 and a 200-day simple moving average of GBX 9.09. tinyBuild has a 1 year low of GBX 6 and a 1 year high of GBX 16.

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.