Gravity Co. Ltd (NASDAQ:GRVY) last traded at $68.12 with shares seeing a daily low of $59.54 and a high of $70.00. The big move tags the stock as one of the most volatile of the day.
Investors are feeling more bearish on shares of Gravity Co. Ltd of late if you put credence in the motion in short interest. The firm realized a rise in short interest of 2.72% as of the latest report on October 13, 2017. Short interest grew from 67,170 to 68,996 over that timeframe. Days to cover increased 2.0 to 4.0 and the percentage of shorted shares was inf% on October 13.
Earnings Per Share
The P/E ratio is currently 29.02 and the market value is 237.96M.
Gravity Co., Ltd. (Gravity), launched on April 4, 2000, is a developer, distributor and publisher of online games in Japan and Taiwan. The Business’s segments include online games, mobile games and other. Gravity’s principal product, Ragnarok Online, a multiplayer online role playing game, is commercially offered in Korea, and over 80 other countries and markets. The Company categorizes its products into over three categories, which include online games; mobile games and applications, and other games and game-related products and services, including character-based merchandise and animation. It offers Ragnarok Online II commercially across the globe except for Japan and China. It also offers Requiem and Dragonica commercially across the globe. R.O.S.E. Online is commercially offered in the United States, Canada, Mexico and over 40 other countries. The Company also offers a range of mobile games, console games and a game for Internet protocol television (IPTV), and licenses the merchandizing rights of character-related products based on its online games..