Devolver Digital (LON:DEVO) Sets New 52-Week Low – Should You Sell?

Devolver Digital, Inc. (LON:DEVO – Get Free Report) hit a new 52-week low on Tuesday . The company traded as low as GBX 20 and last traded at GBX 21, with a volume of 5153 shares. The stock had previously closed at GBX 21.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group lowered Devolver Digital to a “buy” rating and set a GBX 27 price objective on the stock. in a research note on Thursday, April 9th. One research analyst has rated the stock with a Buy rating, According to MarketBeat, the stock has a consensus rating of “Buy” and a consensus target price of GBX 27.

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Devolver Digital Stock Performance

The stock has a 50 day simple moving average of GBX 22.38 and a 200 day simple moving average of GBX 23.85. The company has a current ratio of 1.78, a quick ratio of 4.85 and a debt-to-equity ratio of 0.57. The stock has a market cap of £98.35 million, a P/E ratio of -6.18 and a beta of -0.43.

Devolver Digital Company Profile

(Get Free Report)

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.

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