Gfinity (LON:GFIN) Shares Up 32.4% – Here’s Why

Gfinity plc (LON:GFIN) rose 32.4% on Monday . The company traded as high as GBX 0.05 ($0.00) and last traded at GBX 0.05 ($0.00). Approximately 6,950,692 shares changed hands during trading, a decline of 71% from the average daily volume of 24,352,424 shares. The stock had previously closed at GBX 0.04 ($0.00).

Gfinity Trading Up 32.4 %

The stock has a market cap of £1.76 million, a P/E ratio of -0.29 and a beta of 0.40. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. The business’s 50 day simple moving average is GBX 0.02 and its two-hundred day simple moving average is GBX 0.02.

Gfinity Company Profile

Gfinity plc, together with its subsidiaries, designs, develops, and delivers esports solutions to publishers, sports rights holders, commercial partners, and media companies in the United Kingdom, North America, and internationally. The company provides Commune.ly, a community intelligence platform that allows brands to harness the power of user-generated content & online communities; Athlos, a competitive gaming platform embedded within apps and community websites; and Manifold, a technology platform used to power the next generation of digital publishing.