Devolver Digital (LON:DEVO) Shares Up 2% – Here’s Why

Devolver Digital, Inc. (LON:DEVO) traded up 2% during trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 25 ($0.31). 9,650 shares were traded 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 reiterated a “buy” rating on shares of Devolver Digital in a report on Thursday, September 26th.

Devolver Digital Trading Up 2.0 %

The business’s 50-day simple moving average is GBX 25.89 and its 200-day simple moving average is GBX 30.07. The company has a market cap of £117.19 million, a PE ratio of -2,500.00 and a beta of -0.43. The company has a current ratio of 1.78, a quick ratio of 4.85 and a debt-to-equity ratio of 0.62.

About Devolver Digital

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.