Embracer Group AB (publ) (LON:0GFE) Shares Up 1.1% – Time to Buy?

Embracer Group AB (publ) (LON:0GFE) shares rose 1.1% during trading on Wednesday . The stock traded as high as GBX 149.10 ($1.86) and last traded at GBX 148.15 ($1.84). Approximately 22,956 shares changed hands during mid-day trading, a decline of 40% from the average daily volume of 38,327 shares. The stock had previously closed at GBX 146.55 ($1.82).

Embracer Group AB (publ) Stock Up 1.1 %

The stock has a market cap of £130.59 million, a P/E ratio of -35.70 and a beta of 0.53. The firm has a 50 day simple moving average of GBX 89.94 and a two-hundred day simple moving average of GBX 48.76. The company has a debt-to-equity ratio of 37.59, a quick ratio of 1.07 and a current ratio of 0.65.

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.