Gfinity (LON:GFIN) Shares Down 4.8%

Gfinity PLC (LON:GFIN)’s stock price dropped 4.8% during mid-day trading on Wednesday . The company traded as low as GBX 3.83 ($0.05) and last traded at GBX 4 ($0.05), approximately 1,072,876 shares traded hands during trading. An increase of 192% from the average daily volume of 367,038 shares. The stock had previously closed at GBX 4.20 ($0.05).

The business’s 50 day moving average is GBX 4.39 and its 200-day moving average is GBX 4.56. The stock has a market cap of $19.18 million and a price-to-earnings ratio of -0.98.

Gfinity Company Profile (LON:GFIN)

Gfinity plc, together with its subsidiaries, provides esports solutions worldwide. It operates through two segments, Gfinity and CEVO. The Gfinity segment engages in esports related activities, and provision of broadcast and production services. The CEVO segment provides in-house development capabilities and online esports solutions for third parties, as well as technology services.

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