Devolver Digital (LON:DEVO) Trading 2% Higher – Still a Buy?

Devolver Digital, Inc. (LON:DEVO)’s stock price was up 2% during mid-day trading on Friday . The company traded as high as GBX 25 ($0.31) and last traded at GBX 25 ($0.31). Approximately 9,650 shares were traded during mid-day trading, a decline of 95% from the average daily volume of 175,920 shares. The stock had previously closed at GBX 24.50 ($0.31).

Wall Street Analysts Forecast Growth

Separately, Shore Capital restated a “buy” rating on shares of Devolver Digital in a report on Thursday, September 26th.

Devolver Digital Price Performance

The company has a debt-to-equity ratio of 0.62, a current ratio of 1.78 and a quick ratio of 4.85. The company’s 50-day moving average price is GBX 25.89 and its 200-day moving average price is GBX 30.07. The company has a market cap of £117.19 million, a P/E ratio of -2,500.00 and a beta of -0.43.

Devolver Digital Company Profile

Devolver Digital Inc develops, publishes video games for PC and mobile devices in the United States and internationally. Devolver Digital Inc was incorporated in 2008 and is based in Austin, Texas.