tinyBuild (LON:TBLD) Reaches New 52-Week High – Should You Buy?

tinyBuild, Inc. (LON:TBLDGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as GBX 12 and last traded at GBX 11.50, with a volume of 525898 shares changing hands. The stock had previously closed at GBX 11.50.

Analyst Upgrades and Downgrades

Separately, Shore Capital Group reissued a “hold” rating and issued a GBX 8.50 target price on shares of tinyBuild in a research report on Thursday, June 18th. One research analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of GBX 8.50.

View Our Latest Stock Report on tinyBuild

tinyBuild Stock Performance

The company has a debt-to-equity ratio of 0.20, a current ratio of 0.94 and a quick ratio of 3.88. The firm has a market capitalization of £45.23 million, a PE ratio of -11.50 and a beta of -0.43. The company’s fifty day simple moving average is GBX 10.28 and its 200 day simple moving average is GBX 8.45.

Insider Activity

In other tinyBuild news, insider Alex Nichiporchik purchased 200,000 shares of the company’s stock in a transaction that occurred on Friday, June 26th. The shares were bought at an average cost of GBX 9 per share, for a total transaction of £18,000. 62.30% of the stock is currently owned by company insiders.

About tinyBuild

(Get Free Report)

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.

Further Reading

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