tinyBuild (LON:TBLD) Shares Down 2.7% – Should You Sell?

tinyBuild, Inc. (LON:TBLD)’s stock price was down 2.7% during mid-day trading on Tuesday . The company traded as low as GBX 7.30 and last traded at GBX 7.30. Approximately 177,202 shares traded hands during mid-day trading, a decline of 52% from the average daily volume of 366,566 shares. The stock had previously closed at GBX 7.50.

Analysts Set New Price Targets

Separately, Shore Capital reissued a “hold” rating on shares of tinyBuild in a research note on Tuesday, September 16th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of GBX 10.

tinyBuild Stock Down 2.7%

The firm’s fifty day simple moving average is GBX 7.30 and its 200 day simple moving average is GBX 7.05. The company has a current ratio of 1.19, a quick ratio of 3.88 and a debt-to-equity ratio of 0.97. The company has a market cap of £28.71 million, a price-to-earnings ratio of -2.52 and a beta of -0.43.

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.