Shore Capital Group Downgrades tinyBuild (LON:TBLD) to Sell

tinyBuild (LON:TBLD) was downgraded by Shore Capital Group to a “sell” rating in a research report issued on Thursday, Marketbeat.com reports. They presently have a GBX 9 price objective on the stock. Shore Capital Group’s target price points to a potential downside of 28.00% from the stock’s current price.

tinyBuild Price Performance

tinyBuild stock opened at GBX 12.50 on Thursday. The firm has a market cap of £49.16 million, a PE ratio of -12.50 and a beta of -0.43. tinyBuild has a 52-week low of GBX 6 and a 52-week high of GBX 16. The company has a quick ratio of 3.88, a current ratio of 0.94 and a debt-to-equity ratio of 0.20. The company’s 50 day moving average is GBX 11.07 and its two-hundred day moving average is GBX 9.06.

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.