tinyBuild, Inc. (LON:TBLD – Get Free Report) fell 13.3% during trading on Thursday after Shore Capital Group downgraded the stock to a sell rating. Shore Capital Group now has a GBX 9 price target on the stock. tinyBuild traded as low as GBX 12.50 and last traded at GBX 13. Approximately 2,902,553 shares were traded during mid-day trading, an increase of 699% from the average daily volume of 363,414 shares. The stock had previously closed at GBX 15.
Insider Activity at tinyBuild
In related news, insider Alex Nichiporchik acquired 200,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average cost of GBX 9 per share, with a total value of £18,000. 62.30% of the stock is currently owned by company insiders.
tinyBuild Trading Down 13.3%
The company has a current ratio of 0.94, a quick ratio of 3.88 and a debt-to-equity ratio of 0.20. The firm has a market capitalization of £51.13 million, a P/E ratio of -13.00 and a beta of -0.43. The business has a 50 day moving average of GBX 11.01 and a 200-day moving average of GBX 9.02.
tinyBuild Company Profile
Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.
tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe. The Group’s broad geographical footprint enables the Company to source high-potential IP, access cost-effective development resources, and build a loyal customer base through its innovative grassroots marketing.
tinyBuild was admitted to AIM, a market by the London Stock Exchange, in March 2021.
For further information, visit: www.tinybuildinvestors.com.
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