tinyBuild (LON:TBLD) Sets New 1-Year High – Still a Buy?

tinyBuild, Inc. (LON:TBLD) reached a new 52-week high during trading on Thursday . The company traded as high as GBX 12 and last traded at GBX 11.80, with a volume of 685031 shares changing hands. The stock had previously closed at GBX 10.75.

Analyst Upgrades and Downgrades

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

tinyBuild Stock Down 6.6%

The business’s fifty day moving average is GBX 10.19 and its two-hundred day moving average is GBX 8.39. The stock has a market cap of £42.22 million, a price-to-earnings ratio of -10.74 and a beta of -0.43. The company has a quick ratio of 3.88, a current ratio of 0.94 and a debt-to-equity ratio of 0.20.

Insider Activity at tinyBuild

In other tinyBuild news, insider Alex Nichiporchik purchased 200,000 shares of the company’s stock in a transaction on Friday, June 26th. The stock was acquired at an average price of GBX 9 per share, for a total transaction 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.