Shore Capital Group Reiterates “Buy” Rating for Devolver Digital (LON:DEVO)

Devolver Digital (LON:DEVO)‘s stock had its “buy” rating restated by stock analysts at Shore Capital Group in a report released on Friday,Digital Look reports. They currently have a GBX 27 price objective on the stock. Shore Capital Group’s price objective would indicate a potential upside of 46.74% from the stock’s previous close.

Devolver Digital Price Performance

Shares of Devolver Digital stock traded up GBX 0.90 during midday trading on Friday, hitting GBX 18.40. 180,604 shares of the company were exchanged, compared to its average volume of 108,534. The firm has a market cap of £86.18 million, a P/E ratio of -5.41 and a beta of -0.43. The firm has a 50 day simple moving average of GBX 21.08 and a 200-day simple moving average of GBX 23.08. Devolver Digital has a 52 week low of GBX 17 and a 52 week high of GBX 28. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.78 and a quick ratio of 4.85.

Devolver Digital Company Profile

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.