Streetbeat News

GDEV

GDEV Inc.

https://gdev.inc

Industry

Electronic Gaming & Multimedia

GDEV Inc. operates as a gaming and entertainment company in the United States, Europe, Asia, and internationally. It develops desktop, mobile, web, and social games. The company was formerly known as Nexters Inc. and changed its name to GDEV Inc. in June 2023. GDEV Inc. was founded in 2010 and is headquartered in Limassol, Cyprus.

Open

14.43

Mkt cap

266M

Volume

17K

High

15.06

P/E Ratio

5.99

52-wk high

42.76

Low

14.43

Div yield

0.23

52-wk low

14.26

The article highlights three oversold stocks in the communication services sector with potential for recovery: GD Culture Group Ltd (GDC), Paltalk Inc (PALT), and GDEV Inc (GDEV). GDC announced a strategic partnership to expand its AI creator community, PALT received a favorable court judgment in a patent lawsuit, and GDEV received an analyst rating upgrade with a higher price target.

Portfolio Pulse from Avi Kapoor

October 29, 2024 | 1:41 pm

Noble Capital Markets has maintained an 'Outperform' rating on GDEV and raised its price target from $60 to $70, indicating a positive outlook for the company's stock.

Portfolio Pulse from Benzinga Newsdesk

September 17, 2024 | 4:43 pm

GDEV shares are trading higher following the announcement of an offering of 1.757 million shares.

Portfolio Pulse from Benzinga Newsdesk

September 13, 2024 | 7:12 pm

GDEV plans to offer and sell 1.757 million ordinary shares held in treasury through an at-the-market offering. This move could impact the company's stock price and investor sentiment.

Portfolio Pulse from Benzinga Newsdesk

September 12, 2024 | 9:08 pm

GDEV reported Q2 sales of $106 million, missing the estimated $106.3 million.

Portfolio Pulse from Benzinga Newsdesk

September 04, 2024 | 12:01 pm

Trading for GDEV was halted and then resumed, with updates provided at 8:55 AM ET. The halt was due to pending news, and trading resumed after the news was released.

Portfolio Pulse from Benzinga Newsdesk

August 29, 2024 | 12:55 pm

Trading for GDEV was halted at 7:50:00 p.m. ET due to pending news. This indicates that significant information regarding the company is expected to be released, which could impact its stock price.

Portfolio Pulse from Benzinga Newsdesk

August 28, 2024 | 11:50 pm

GDEV has announced a 1-for-10 reverse share split, which will consolidate every 10 shares into one. This move is often used to increase the stock price by reducing the number of shares outstanding.

Portfolio Pulse from Benzinga Newsdesk

August 21, 2024 | 1:00 pm

Noble Capital Markets has initiated coverage on GDEV with an Outperform rating and set a price target of $6.

Portfolio Pulse from Benzinga Newsdesk

August 12, 2024 | 5:37 pm

Oppenheimer analyst Martin Yang has initiated coverage on GDEV (NASDAQ:GDEV) with a Perform rating.

Portfolio Pulse from Benzinga Newsdesk

June 14, 2024 | 1:55 pm

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