GRAVITY Co., Ltd. – American de (NASDAQ:GRVY) Has Wide Low-High Trading Range Today – Up $1.83

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GRAVITY Co., Ltd. – American de (NASDAQ:GRVY) last traded at $60.26 with shares having a low of $56.99 and a high of $62.73. The swing distinguishes the stock as one of the most volatile of the day.

Shares of the company are trading at $60.26 which is significantly higher than the 50 day moving average of $31.51 and impressively higher than the 200 day moving average of $21.26. The 50 day moving average was up $28.75 and the 200 day average was up $39.00.

Short Interest

Short traders are more bearish lately if you take a look at the uptick in short interest. The firm saw a rise in short interest from September 15, 2017 to September 29, 2017 of 0.70%. Short shares grew 464 over that period. The short-interest ratio decreased to 2.0 and the percentage of shorted shares was 0.02% on September 29.

Earnings Per Share

The company currently has a P/E ratio of 25.61 and the market cap is 209.34M.

Company Information

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..