Gfinity (LON:GFIN) Stock Price Up 30.2% – Here’s Why

Gfinity plc (LON:GFINGet Free Report) rose 30.2% during trading on Wednesday . The stock traded as high as GBX 0.07 ($0.00) and last traded at GBX 0.07 ($0.00). Approximately 14,110,250 shares were traded during trading, a decline of 50% from the average daily volume of 28,421,650 shares. The stock had previously closed at GBX 0.05 ($0.00).

Gfinity Price Performance

The business has a fifty day moving average of GBX 0.05 and a two-hundred day moving average of GBX 0.03. The firm has a market capitalization of £2.74 million, a price-to-earnings ratio of -0.29 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

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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.

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