Shoal Games Ltd (SGLDF) Releases Earnings Results

Shoal Games Ltd (NASDAQ:SGLDF) posted its earnings results on Friday. The company reported ($0.01) earnings per share for the quarter, Bloomberg Earnings reports. The firm had revenue of $0.02 million for the quarter.

Shares of Shoal Games (NASDAQ SGLDF) remained flat at $0.46 during trading on Friday. The company’s market capitalization is $27.64 million. Shoal Games has a one year low of $0.28 and a one year high of $0.50. The firm has a 50-day moving average of $0.46 and a 200 day moving average of $0.40.

In other Shoal Games news, major shareholder Ltd Pendinas acquired 900,000 shares of the company’s stock in a transaction dated Friday, June 16th. The shares were acquired at an average cost of $0.34 per share, with a total value of $306,000.00. Following the acquisition, the insider now directly owns 26,987,999 shares of the company’s stock, valued at $9,175,919.66. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Tryon M. Williams acquired 200,000 shares of the company’s stock in a transaction dated Friday, June 16th. The stock was acquired at an average cost of $0.34 per share, for a total transaction of $68,000.00. Following the completion of the acquisition, the insider now directly owns 16,922,281 shares in the company, valued at $5,753,575.54. The disclosure for this purchase can be found here. In the last 90 days, insiders bought 1,200,000 shares of company stock valued at $408,000.

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Shoal Games Company Profile

Shoal Games Ltd. is engaged in the development of consumer mobile software products and games. The Company operates through its subsidiaries. It is focused on the development and marketing of a platform of interactive games for families and children. Its primary focus is the development and marketing of Rooplay, an EdTech games platform that empowers children to play, learn, and create.

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