Devolver Digital (LON:DEVO) Trading Up 2% – Still a Buy?

Shares of Devolver Digital, Inc. (LON:DEVO) shot up 2% during trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 25 ($0.31). Approximately 9,650 shares traded hands during trading, a decline of 95% from the average session volume of 175,920 shares. The stock had previously closed at GBX 24.50 ($0.31).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Devolver Digital in a report on Thursday, September 26th.

Devolver Digital Stock Up 2.0 %

The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.85 and a current ratio of 1.78. The stock’s fifty day simple moving average is GBX 25.89 and its two-hundred day simple moving average is GBX 30.07. The company has a market capitalization of £117.19 million, a price-to-earnings ratio of -2,500.00 and a beta of -0.43.

Devolver Digital Company Profile

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.