Market's view on Keywords Studios Plc
Published on April 2024
- Stock watchers express concern over the company’s vulnerability to short sellers due to perceived regulatory inadequacies in UK short disclosure requirements, noting the lack of cumulative short interest data compared to other exchanges like NASDAQ.
- Observations are made regarding the company’s current low share price, seen as a significant drop from previous levels, with some believing the company is undervalued.
- The sentiment is mixed, with some choosing to cut their losses and move funds elsewhere, while others see current prices as a buying opportunity despite market volatility.
- Discussions about the stability of the share price, with some watchers noting a lack of significant movement expected in the near term.
- Comments suggest there is a high short interest in the company, contributing to the stock’s challenges.
- The general downturn in the games industry post-pandemic is highlighted as contributing to less business for outsourced companies, affecting stock performance.