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Devolver Digital (LON:DEVO) Trading Down 1.8% - Should You Sell?

Devolver Digital logo with Communication Services background

Devolver Digital, Inc. (LON:DEVO - Get Free Report) shares dropped 1.8% during mid-day trading on Wednesday . The stock traded as low as GBX 27 ($0.35) and last traded at GBX 27 ($0.35). Approximately 67,969 shares changed hands during mid-day trading, a decline of 66% from the average daily volume of 199,781 shares. The stock had previously closed at GBX 27.50 ($0.36).

Wall Street Analyst Weigh In

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

Check Out Our Latest Stock Analysis on Devolver Digital

Devolver Digital Price Performance

The company has a debt-to-equity ratio of 0.62, a quick ratio of 4.85 and a current ratio of 1.78. The business has a 50 day simple moving average of GBX 31.12 and a 200-day simple moving average of GBX 29.22. The firm has a market cap of £127.27 million, a price-to-earnings ratio of -2,715.00 and a beta of -0.43.

About Devolver Digital

(Get Free Report)

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.

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