tinyBuild (LON:TBLD – Get Free Report) was downgraded by investment analysts at Shore Capital Group to a “sell” rating in a research report issued to clients and investors on Thursday, MarketBeat reports. They presently have a GBX 9 price target on the stock. Shore Capital Group’s price target suggests a potential downside of 30.77% from the company’s current price.
tinyBuild Price Performance
Shares of LON:TBLD traded down GBX 2 during trading on Thursday, hitting GBX 13. 2,902,553 shares of the stock were exchanged, compared to its average volume of 363,414. The company has a market cap of £51.13 million, a PE ratio of -13.00 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 company has a fifty day moving average price of GBX 11.07 and a two-hundred day moving average price of GBX 9.06. tinyBuild has a 12-month low of GBX 6 and a 12-month high of GBX 16.
Insiders Place Their Bets
In other news, insider Alex Nichiporchik purchased 200,000 shares of the company’s stock in a transaction dated Friday, June 26th. The stock was acquired at an average price of GBX 9 per share, for a total transaction of £18,000. Company insiders own 62.30% of the company’s stock.
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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