Embracer Group AB (publ) (LON:0GFE) Stock Price Down 0.7% – Here’s Why

Embracer Group AB (publ) (LON:0GFE) shares fell 0.7% during trading on Monday . The stock traded as low as GBX 29.89 ($0.38) and last traded at GBX 30.11 ($0.38). 88,904 shares traded hands during trading, a decline of 73% from the average session volume of 324,516 shares. The stock had previously closed at GBX 30.32 ($0.38).

Embracer Group AB (publ) Stock Down 0.7 %

The business’s fifty day moving average price is GBX 29.90 and its two-hundred day moving average price is GBX 26.74. The company has a current ratio of 0.65, a quick ratio of 1.07 and a debt-to-equity ratio of 37.59. The firm has a market cap of £26.54 million, a P/E ratio of -7.25 and a beta of 0.53.

Embracer Group AB (publ) Company Profile

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.