tinyBuild (LON:TBLD – Get Free Report) was downgraded by analysts at Shore Capital Group to a “sell” rating in a research note issued to investors on Thursday, MarketBeat.com reports. They currently have a GBX 9 target price on the stock. Shore Capital Group’s price target suggests a potential downside of 30.77% from the stock’s current price.
tinyBuild Price Performance
Shares of TBLD traded down GBX 2 during midday trading on Thursday, reaching GBX 13. The stock had a trading volume of 2,902,553 shares, compared to its average volume of 363,414. The company has a current ratio of 0.94, a quick ratio of 3.88 and a debt-to-equity ratio of 0.20. The company has a market capitalization of £51.13 million, a price-to-earnings ratio of -13.00 and a beta of -0.43. The company’s 50-day moving average is GBX 11.07 and its 200 day moving average is GBX 9.06. tinyBuild has a 12-month low of GBX 6 and a 12-month high of GBX 16.
Insider Buying and Selling
In other tinyBuild news, insider Alex Nichiporchik purchased 200,000 shares of tinyBuild stock in a transaction on Friday, June 26th. The shares were acquired at an average cost of GBX 9 per share, for a total transaction of £18,000. 62.30% of the stock is owned by insiders.
About tinyBuild
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.
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