Devolver Digital (LON:DEVO) Hits New 12-Month High at $34.00

Devolver Digital, Inc. (LON:DEVO) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as GBX 34 ($0.43) and last traded at GBX 33.75 ($0.43), with a volume of 109252 shares changing hands. The stock had previously closed at GBX 33.50 ($0.42).

Wall Street Analysts Forecast Growth

Separately, Shore Capital reissued a “buy” rating on shares of Devolver Digital in a research report on Tuesday.

Devolver Digital Price Performance

The company’s 50-day moving average is GBX 24.98 and its 200-day moving average is GBX 21.31. The firm has a market cap of £150.13 million, a price-to-earnings ratio of -1,687.50 and a beta of -0.41. The company has a current ratio of 2.28, a quick ratio of 4.85 and a debt-to-equity ratio of 0.65.

About Devolver Digital

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.