Devolver Digital (LON:DEVO) Hits New 52-Week Low – Here’s What Happened

Devolver Digital, Inc. (LON:DEVO) shares reached a new 52-week low on Friday . The stock traded as low as GBX 19.10 ($0.25) and last traded at GBX 20 ($0.26), with a volume of 65000 shares. The stock had previously closed at GBX 21.50 ($0.28).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reaffirmed a “hold” rating on shares of Devolver Digital in a research report on Tuesday, February 4th.

Devolver Digital Price Performance

The firm has a market capitalization of £115.80 million, a P/E ratio of -15.14 and a beta of -0.43. The stock has a fifty day moving average price of GBX 22.35 and a two-hundred day moving average price of GBX 24.97. The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.85 and a current ratio of 1.78.

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.