tinyBuild (LON:TBLD) Reaches New 1-Year High – Here’s What Happened

tinyBuild, Inc. (LON:TBLD)’s share price reached a new 52-week high during trading on Monday . The company traded as high as GBX 14 and last traded at GBX 14, with a volume of 653552 shares. The stock had previously closed at GBX 13.50.

Analyst Ratings Changes

Separately, Shore Capital Group reissued a “hold” rating and set a GBX 8.50 target price on shares of tinyBuild in a research note on Thursday, June 18th. One analyst has rated the stock with a Hold rating, According to MarketBeat, the stock has an average rating of “Hold” and an average price target of GBX 8.50.

tinyBuild Stock Up 3.7%

The firm has a market capitalization of £55.06 million, a price-to-earnings ratio of -14.00 and a beta of -0.43. The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 3.88. The business has a 50 day moving average of GBX 10.78 and a 200 day moving average of GBX 8.87.

Insider Buying and Selling at tinyBuild

In other tinyBuild news, insider Alex Nichiporchik purchased 200,000 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average cost of GBX 9 per share, with a total value of £18,000. 62.30% of the stock is currently owned by company insiders.

tinyBuild Company Profile

Founded in 2013, tinyBuild (AIM: TBLD) is a global video games publisher and developer, with a catalogue of more than 70 premium titles across different genres. tinyBuild’s strategy is to focus on its own intellectual property (IP) to build multi-game and multimedia franchises, in partnership with developers.

tinyBuild is headquartered in the USA with operations stretching across the Americas and Europe. The Group’s broad geographical footprint enables the Company to source high-potential IP, access cost-effective development resources, and build a loyal customer base through its innovative grassroots marketing.

tinyBuild was admitted to AIM, a market by the London Stock Exchange, in March 2021.

For further information, visit: www.tinybuildinvestors.com.