Embracer Group AB (publ) (LON:0GFE) Trading Down 3.1% – Here’s Why

Embracer Group AB (publ) (LON:0GFE)’s share price traded down 3.1% during trading on Monday . The stock traded as low as GBX 26.89 ($0.35) and last traded at GBX 28.26 ($0.37). 49,607 shares were traded during trading, a decline of 86% from the average session volume of 348,822 shares. The stock had previously closed at GBX 29.17 ($0.38).

Embracer Group AB (publ) Price Performance

The business’s 50-day simple moving average is GBX 25.79 and its 200 day simple moving average is GBX 25.75. The company has a market capitalization of £24.91 million, a P/E ratio of -6.81 and a beta of 0.53. The company has a current ratio of 0.65, a quick ratio of 1.07 and a debt-to-equity ratio of 37.59.

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.