Gfinity (LON:GFIN) Trading Down 16.3% – Here’s Why

Gfinity plc (LON:GFINGet Free Report) shares fell 16.3% on Friday . The company traded as low as GBX 0.04 ($0.00) and last traded at GBX 0.04 ($0.00). 19,500,572 shares traded hands during trading, a decline of 20% from the average session volume of 24,393,539 shares. The stock had previously closed at GBX 0.04 ($0.00).

Gfinity Price Performance

The stock has a market capitalization of £1.33 million, a P/E ratio of -0.29 and a beta of 0.40. The company has a debt-to-equity ratio of 8.91, a current ratio of 1.28 and a quick ratio of 1.13. The company’s 50-day simple moving average is GBX 0.02 and its 200-day simple moving average is GBX 0.02.

About Gfinity

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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.

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