tinyBuild (LON:TBLD) Sets New 12-Month High – Should You Buy?

Shares of tinyBuild, Inc. (LON:TBLD) hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 12 and last traded at GBX 11.46, with a volume of 298733 shares trading hands. The stock had previously closed at GBX 11.50.

Analyst Upgrades and Downgrades

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

tinyBuild Price Performance

The company’s 50-day moving average price is GBX 10.45 and its two-hundred day moving average price is GBX 8.55. The company has a market cap of £45.05 million, a P/E ratio of -11.46 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.

Insider Activity at tinyBuild

In other news, insider Alex Nichiporchik purchased 200,000 shares of the firm’s stock in a transaction that occurred on Friday, June 26th. The stock was acquired at an average cost of GBX 9 per share, for a total transaction of £18,000. Insiders own 62.30% of the company’s stock.

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.