Embracer Group AB (publ) (LON:0GFE) Stock Price Up 0.2% – Here’s Why

Embracer Group AB (publ) (LON:0GFE) shares were up 0.2% during trading on Friday . The company traded as high as GBX 47.19 and last traded at GBX 46.84. Approximately 9,439 shares traded hands during trading, a decline of 77% from the average daily volume of 41,060 shares. The stock had previously closed at GBX 46.74.

Embracer Group AB (publ) Stock Up 0.2%

The business has a fifty day moving average price of GBX 49.77 and a two-hundred day moving average price of GBX 72.29. 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 firm has a market capitalization of £41.29 million, a price-to-earnings ratio of -11.29 and a beta of 0.53.

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. The company was formerly known as THQ Nordic AB (publ) and changed its name to Embracer Group AB (publ) in October 2019. Embracer Group AB (publ) was founded in 1990 and is headquartered in Karlstad, Sweden.