Devolver Digital (LON:DEVO) Sets New 1-Year Low – Here’s Why
by Scott Moore · The Cerbat GemShares of Devolver Digital, Inc. (LON:DEVO – Get Free Report) reached a new 52-week low during trading on Tuesday . The stock traded as low as GBX 20 and last traded at GBX 21, with a volume of 5153 shares. The stock had previously closed at GBX 21.
Wall Street Analyst Weigh In
Separately, Shore Capital Group cut Devolver Digital to a “buy” rating and set a GBX 27 target price for the company. in a report on Thursday, April 9th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of GBX 27.
Read Our Latest Report on Devolver Digital
Devolver Digital Price Performance
The company has a market cap of £99.29 million, a PE ratio of -6.24 and a beta of -0.43. The business has a 50 day moving average of GBX 22.19 and a 200 day moving average of GBX 23.74. The company has a debt-to-equity ratio of 0.57, a current ratio of 1.78 and a quick ratio of 4.85.
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.