Gfinity PLC (LON:GFIN)’s stock price rose 1.3% during mid-day trading on Monday . The company traded as high as GBX 3.90 ($0.05) and last traded at GBX 3.85 ($0.05), approximately 481,653 shares changed hands during mid-day trading. An increase of 31% from the average daily volume of 367,038 shares. The stock had previously closed at GBX 3.80 ($0.05).
Separately, Shore Capital reissued a “not rated” rating on shares of Gfinity in a research note on Friday, October 4th.
The business’s 50 day moving average is GBX 3.84 and its 200-day moving average is GBX 4.28. The firm has a market capitalization of $19.66 million and a P/E ratio of -1.07.
Gfinity plc, together with its subsidiaries, provides esports solutions worldwide. It operates through two segments, Gfinity and CEVO. The Gfinity segment engages in esports related activities, and provision of broadcast and production services. The CEVO segment provides in-house development capabilities and online esports solutions for third parties, as well as technology services.
Read More: What is Depreciation?
Receive News & Ratings for Gfinity Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Gfinity and related companies with MarketBeat.com's FREE daily email newsletter.