Gfinity (LON:GFIN) Trading Down 16.7% – Here’s Why

Gfinity plc (LON:GFINGet Free Report)’s stock price was down 16.7% on Monday . The stock traded as low as GBX 0.04 and last traded at GBX 0.04. Approximately 224,105,578 shares were traded during mid-day trading, an increase of 260% from the average daily volume of 62,194,191 shares. The stock had previously closed at GBX 0.04.

Gfinity Stock Down 16.7%

The company’s fifty day simple moving average is GBX 0.04 and its 200 day simple moving average is GBX 0.04. The company has a current ratio of 1.28, a quick ratio of 1.13 and a debt-to-equity ratio of 8.91. The firm has a market capitalization of £2.08 million, a P/E ratio of 0.67 and a beta of 0.40.

About Gfinity

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Gfinity (LON: GFIN) is a leading international esports business. Created by gamers for the world’s 2.2bn gamers, Gfinity has a unique understanding of this fast-growing global community.

It uses this expertise to provide both advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.

Gfinity connects its partners with the esports community in authentic and innovative ways.

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