Embracer Group AB (publ) (LON:0GFE) Shares Down 1.9% – Should You Sell?
by Doug Wharley · The Cerbat GemEmbracer Group AB (publ) (LON:0GFE – Get Free Report) dropped 1.9% during trading on Monday . The company traded as low as GBX 62 and last traded at GBX 62.70. Approximately 34,201 shares traded hands during mid-day trading, a decline of 20% from the average daily volume of 42,950 shares. The stock had previously closed at GBX 63.89.
Embracer Group AB (publ) Price Performance
The firm has a market cap of £56.65 million, a price-to-earnings ratio of -15.48 and a beta of 0.53. The company has a quick ratio of 1.07, a current ratio of 0.65 and a debt-to-equity ratio of 37.59. The company’s 50-day moving average price is GBX 51.67 and its 200-day moving average price is GBX 66.56.
About Embracer Group AB (publ)
Embracer Group AB (publ), together with its subsidiaries, develops and publishes PC, console, mobile, VR, and board games for the games market worldwide. The company also publishes films and comic books, as well as engages in the trading of card games. It distributes games through retailers, physical stores, and digital distributors. The company was formerly known as THQ Nordic AB (publ) and changed its name to Embracer Group AB (publ) in October 2019. Embracer Group AB (publ) was founded in 1990 and is headquartered in Karlstad, Sweden.