Gfinity (LON:GFIN) Posts Earnings Results

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

Gfinity Stock Performance

LON:GFIN opened at GBX 0.08 ($0.00) on Thursday. The company has a market cap of £2.84 million, a P/E ratio of -0.29 and a beta of 0.40. Gfinity has a fifty-two week low of GBX 0.01 ($0.00) and a fifty-two week high of GBX 0.13 ($0.00). The company has a quick ratio of 1.13, a current ratio of 1.28 and a debt-to-equity ratio of 8.91. The firm’s 50 day moving average is GBX 0.08 and its two-hundred day moving average is GBX 0.05.

Insider Activity at Gfinity

In other news, insider David Halley acquired 24,000,000 shares of the business’s stock in a transaction dated Friday, February 14th. The stock was acquired at an average price of GBX 6 ($0.08) per share, for a total transaction of £1,440,000 ($1,873,292.57). Company 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.