Snail (NASDAQ:SNAL) Shares Up 4.1%

Shares of Snail, Inc. (NASDAQ:SNAL – Get Rating) shot up 4.1% during trading on Tuesday . The stock traded as high as $1.53 and last traded at $1.52. 5,244 shares were traded during mid-day trading, a decline of 85% from the average session volume of 35,338 shares. The stock had previously closed at $1.46.

Wall Street Analysts Forecast Growth

Separately, Noble Financial began coverage on shares of Snail in a research report on Thursday, April 13th. They issued an “outperform” rating and a $9.00 price target for the company.

Snail Stock Performance

The company has a debt-to-equity ratio of 0.44, a quick ratio of 0.75 and a current ratio of 0.75. The stock has a 50-day simple moving average of $1.31.

Hedge Funds Weigh In On Snail

A number of large investors have recently bought and sold shares of the company. Kepos Capital LP purchased a new position in Snail during the 4th quarter worth $281,000. Alpine Global Management LLC purchased a new position in Snail during the 4th quarter worth $113,000. Point72 Middle East FZE purchased a new position in Snail during the 4th quarter worth $68,000. Finally, Virtu Financial LLC purchased a new position in Snail during the 4th quarter worth $27,000.

Snail Company Profile

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Snail, Inc, together with its subsidiaries, develops, markets, publishes, and distributes interactive digital entertainment for consumers worldwide. It offers games, content, and support for various platforms, including game consoles, personal computers, mobile phones, and tablets. The company was founded in 2009 and is based in Culver City, California.