Gfinity (LON:GFIN) Reaches New 1-Year Low – Here’s Why

Gfinity plc (LON:GFIN)’s share price hit a new 52-week low during trading on Thursday . The stock traded as low as GBX 0.03 and last traded at GBX 0.03, with a volume of 1954445 shares trading hands. The stock had previously closed at GBX 0.03.

Gfinity Stock Performance

The firm’s fifty day moving average price is GBX 0.04 and its 200-day moving average price is GBX 0.06. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91. The firm has a market cap of £1.20 million, a price-to-earnings ratio of -1.35 and a beta of 0.40.

Gfinity (LON:GFIN) last announced its quarterly earnings results on Thursday, December 18th. The company reported GBX (0.02) EPS for the quarter. Analysts expect that Gfinity plc will post 20 earnings per share for the current year.

Gfinity Company Profile

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.