tinyBuild (LON:TBLD) Stock Rating Cut to Sell at Shore Capital Group

tinyBuild (LON:TBLD) was downgraded by analysts at Shore Capital Group to a “sell” rating in a research report issued to clients and investors on Thursday, MarketBeat reports. They currently have a GBX 9 price target on the stock. Shore Capital Group’s price objective suggests a potential downside of 28.00% from the company’s current price.

tinyBuild Stock Performance

tinyBuild stock traded down GBX 0.50 on Thursday, reaching GBX 12.50. 687,580 shares of the stock were exchanged, compared to its average volume of 366,094. The stock has a market cap of £49.16 million, a PE ratio of -12.50 and a beta of -0.43. The company has a current ratio of 0.98, a quick ratio of 3.88 and a debt-to-equity ratio of 0.06. tinyBuild has a twelve month low of GBX 6 and a twelve month high of GBX 16. The firm has a fifty day moving average price of GBX 11.12 and a two-hundred day moving average price of GBX 9.09.

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.