Devolver Digital (LON:DEVO) Reaches New 12-Month Low – Should You Sell?

Shares of Devolver Digital, Inc. (LON:DEVO) hit a new 52-week low during trading on Friday . The stock traded as low as GBX 20 and last traded at GBX 22, with a volume of 5680 shares traded. The stock had previously closed at GBX 21.

Analysts Set New Price Targets

Separately, Shore Capital Group cut shares of Devolver Digital to a “buy” rating and set a GBX 27 price target on the stock. in a research report on Thursday, April 9th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus price target of GBX 27.

Devolver Digital Stock Up 4.8%

The company has a debt-to-equity ratio of 0.57, a current ratio of 1.78 and a quick ratio of 4.85. The stock’s fifty day simple moving average is GBX 21.80 and its 200-day simple moving average is GBX 23.47. The stock has a market cap of £103.04 million, a P/E ratio of -6.47 and a beta of -0.43.

About Devolver Digital

Devolver Digital Inc develops, publishes video games for PC and mobile devices in the United States and internationally. Devolver Digital Inc was incorporated in 2008 and is based in Austin, Texas.