TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
The latest update is out from gumi, Inc. ( (JP:3903) ).
gumi Inc. announced the issuance of its 26th Series Stock Acquisition Rights through a third-party allotment to raise funds. This move aims to stabilize revenue in the mobile game sector amid declining sales and operating losses, while also investing in growth areas like blockchain-related businesses. The issuance is expected to generate significant proceeds, which will help the company navigate the competitive market and rising costs.
The most recent analyst rating on (JP:3903) stock is a Hold with a Yen589.00 price target. To see the full list of analyst forecasts on gumi, Inc. stock, see the JP:3903 Stock Forecast page.
More about gumi, Inc.
gumi Inc. operates in the mobile game and blockchain-related industries, focusing on developing and operating titles that combine proprietary game engines with third-party intellectual property to ensure stable revenue. The company is also expanding into blockchain-related businesses, including entertainment and financial sectors.
Average Trading Volume: 2,470,195
Technical Sentiment Signal: Hold
Current Market Cap: Yen26.35B
For detailed information about 3903 stock, go to TipRanks’ Stock Analysis page.