Gfinity (GFIN) Trading Down 10.3%
Shares of Gfinity PLC (LON:GFIN) dropped 10.3% during trading on Tuesday . The stock traded as low as GBX 4.80 ($0.06) and last traded at GBX 4.80 ($0.06). Approximately 237,390 shares were traded during trading, a decline of 35% from the average daily volume of 367,038 shares. The stock had previously closed at GBX 5.35 ($0.07).
Separately, Shore Capital reissued a “house stock” rating on shares of Gfinity in a research report on Monday, March 4th.
The stock has a market cap of $18.51 million and a PE ratio of -1.24.
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.
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