Devolver Digital (LON:DEVO) Hits New 1-Year Low – Time to Sell?

Devolver Digital, Inc. (LON:DEVO)’s stock price reached a new 52-week low on Wednesday . The company traded as low as GBX 17.45 and last traded at GBX 18, with a volume of 24616 shares traded. The stock had previously closed at GBX 17.50.

Analyst Ratings Changes

Separately, Shore Capital Group cut shares of Devolver Digital to a “buy” rating and set a GBX 27 price objective for the company. in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Buy rating, According to data from MarketBeat, Devolver Digital currently has an average rating of “Buy” and an average target price of GBX 27.

Devolver Digital Price Performance

The company has a 50 day moving average price of GBX 21.28 and a 200 day moving average price of GBX 23.18. The firm has a market cap of £84.30 million, a PE ratio of -5.29 and a beta of -0.43. The company has a current ratio of 1.78, a quick ratio of 4.85 and a debt-to-equity ratio of 0.57.

Devolver Digital Company Profile

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.