Embracer Group AB (publ) (LON:0GFE) Stock Price Up 4.9% – Here’s Why

Shares of Embracer Group AB (publ) (LON:0GFE) rose 4.9% during trading on Tuesday . The stock traded as high as GBX 110.50 ($1.50) and last traded at GBX 109.45 ($1.49). Approximately 41,522 shares changed hands during trading, a decline of 53% from the average daily volume of 87,996 shares. The stock had previously closed at GBX 104.30 ($1.42).

Embracer Group AB (publ) Stock Up 4.9%

The firm’s 50-day moving average is GBX 115.95 and its 200 day moving average is GBX 107.22. The company has a debt-to-equity ratio of 37.59, a current ratio of 0.65 and a quick ratio of 1.07. The stock has a market cap of £96.48 million, a price-to-earnings ratio of -26.37 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.