tinyBuild (LON:TBLD) Stock Jumps 8.2% – Should You Buy?

Shares of tinyBuild, Inc. (LON:TBLD) rose 8.2% during mid-day trading on Wednesday. The company traded as high as GBX 12.50 and last traded at GBX 11.50. Approximately 2,034,690 shares traded hands during trading, an increase of 460% from the average daily volume of 363,241 shares. The stock had previously closed at GBX 10.62.

Wall Street Analysts Forecast Growth

Separately, Shore Capital Group downgraded shares of tinyBuild to a “sell” rating and set a GBX 9 price objective on the stock. in a report on Thursday, September 24th. One equities research analyst has rated the stock with a Sell rating. Based on data from MarketBeat, the company has a consensus rating of “Sell” and an average target price of GBX 9.

tinyBuild Price Performance

The company has a debt-to-equity ratio of 0.06, a quick ratio of 3.88 and a current ratio of 0.98. The company has a market cap of £49.16 million, a price-to-earnings ratio of -8.33 and a beta of -0.43. The company’s 50 day moving average price is GBX 11.44 and its 200 day moving average price is GBX 8.97.

About tinyBuild

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.