Gfinity (LON:GFIN) Posts Quarterly Earnings Results

Gfinity (LON:GFIN) issued its quarterly earnings data on Wednesday. The company reported GBX (7.70) (($0.10)) earnings per share for the quarter, Digital Look Earnings reports.

Gfinity Stock Up 2.6 %

GFIN stock opened at GBX 0.08 ($0.00) on Thursday. Gfinity has a twelve month low of GBX 0.01 ($0.00) and a twelve month high of GBX 0.13 ($0.00). The firm has a market cap of £2.84 million, a PE ratio of -0.29 and a beta of 0.40. The business has a 50 day moving average of GBX 0.08 and a 200 day moving average of GBX 0.05. The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91.

Insider Activity

In related news, insider David Halley purchased 24,000,000 shares of the stock in a transaction that occurred on Friday, February 14th. The stock was bought at an average cost of GBX 6 ($0.08) per share, for a total transaction of £1,440,000 ($1,873,292.57). Corporate insiders own 44.36% of the company’s stock.

About Gfinity

Gfinity (LON: GFIN) is a leading international esports business. Created by gamers for the world’s 2.2bn gamers, Gfinity has a unique understanding of this fast-growing global community.

It uses this expertise to provide both advisory services and to design, develop and deliver unparalleled experiences and winning strategies for game publishers, sports rights holders, commercial partners and media companies.

Gfinity connects its partners with the esports community in authentic and innovative ways.