Gfinity (GFIN) Given “House Stock” Rating at Shore Capital

Shore Capital reaffirmed their house stock rating on shares of Gfinity (LON:GFIN) in a report released on Friday morning.

Shares of Gfinity (LON GFIN) remained flat at $GBX 23.13 ($0.31) on Friday. The company had a trading volume of 28,386 shares, compared to its average volume of 196,099. The company has a market cap of $49.91 and a price-to-earnings ratio of -770.83. Gfinity has a twelve month low of GBX 13 ($0.17) and a twelve month high of GBX 36 ($0.48).

Gfinity (LON:GFIN) last announced its quarterly earnings data on Wednesday, November 22nd. The company reported GBX (3) (($0.04)) earnings per share (EPS) for the quarter. The business had revenue of GBX 237 million during the quarter. Gfinity had a negative return on equity of 170.44% and a negative net margin of 239.23%.

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About Gfinity

Gfinity plc is a United Kingdom-based company, which is engaged in e-sports business. The Company is a provider and broadcaster of e-Sports competitions; both off-line events typically staged from the United Kingdom’s e-Sports arena in Fulham, London and online events hosted on Gfinity.net. It is a provider of complete end-to-end e-Sports solutions, including the bespoke Tournament Builder Application, which is for Xbox One users, allowing e-Sports users to create and manage their own e-Sports competitions; Gfinity TV, which is the Company’s own online television Player, giving the viewers control over their viewing experience, and Gfinity Tournament Client for personal computers (PC), which provides anti-cheat technology and also provides matchmaking and tournament entry for users.

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