Embracer Group AB (publ) (OTCMKTS:THQQF) Shares Down 5.2% – Here’s Why

Embracer Group AB (publ) (OTCMKTS:THQQF) shares traded down 5.2% during mid-day trading on Friday . The stock traded as low as $11.08 and last traded at $11.08. 1,908 shares traded hands during mid-day trading, a decline of 7% from the average session volume of 2,044 shares. The stock had previously closed at $11.69.

Embracer Group AB (publ) Price Performance

The company has a 50 day simple moving average of $11.42 and a 200-day simple moving average of $10.96.

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.