tinyBuild (LON:TBLD) Stock Price Up 9.7% – Still a Buy?

tinyBuild, Inc. (LON:TBLD) shot up 9.7% during trading on Tuesday . The stock traded as high as GBX 9 and last traded at GBX 8.50. Approximately 3,055,170 shares were traded during mid-day trading, an increase of 980% from the average daily volume of 282,757 shares. The stock had previously closed at GBX 7.75.

Wall Street Analysts Forecast Growth

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. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of GBX 8.50.

tinyBuild Trading Up 0.3%

The firm has a market capitalization of £36.48 million, a P/E ratio of -9.28 and a beta of -0.43. 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 stock has a 50 day simple moving average of GBX 7.71 and a 200-day simple moving average of GBX 7.34.

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.