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

tinyBuild, Inc. (LON:TBLD)’s stock price hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as GBX 12 and last traded at GBX 11.50, with a volume of 525898 shares. The stock had previously closed at GBX 11.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group restated a “hold” rating and set a GBX 8.50 price objective on shares of tinyBuild in a report on Thursday, June 18th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of GBX 8.50.

tinyBuild Trading Down 1.3%

The stock’s 50 day moving average is GBX 10.37 and its two-hundred day moving average is GBX 8.50. The company has a market capitalization of £46.60 million, a PE ratio of -11.85 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 Buying and Selling

In other tinyBuild news, insider Alex Nichiporchik purchased 200,000 shares of tinyBuild stock in a transaction dated Friday, June 26th. The stock was acquired at an average price of GBX 9 per share, for a total transaction of £18,000. Company insiders own 62.30% of the company’s stock.

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.