Paradox Interactive AB (publ) (PRXXF) Expected to Announce Earnings on Thursday

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is expected to release its resultson Thursday, April 30th. Analysts expect Paradox Interactive AB (publ) to post earnings of $0.0774 per share and revenue of $44.1020 million for the quarter.

Paradox Interactive AB (publ) Stock Performance

Paradox Interactive AB (publ) stock opened at $13.55 on Thursday. Paradox Interactive AB has a 1-year low of $12.50 and a 1-year high of $21.70. The stock’s 50 day moving average price is $13.21 and its 200 day moving average price is $16.15.

Analyst Upgrades and Downgrades

Separately, Pareto Securities downgraded Paradox Interactive AB (publ) from a “buy” rating to a “hold” rating in a research note on Wednesday, January 21st. Two analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company currently has an average rating of “Hold”.

Paradox Interactive AB (publ) Company Profile

Paradox Interactive AB (publ) (OTCMKTS:PRXXF) is a Sweden-based global video game publisher and developer best known for its portfolio of deep strategy and simulation titles across PC, console and mobile platforms. The company’s key franchises include Europa Universalis, Crusader Kings, Hearts of Iron and Cities: Skylines, which leverage extensive downloadable content, mod support and community-driven expansions. Paradox also operates its own digital storefront and subscription service, enabling direct delivery of game updates, expansions and exclusive in-game content to its audience.

Originally established as part of Target Games in the late 1990s and spun off as an independent publisher in 2004, Paradox Interactive has since pursued both organic development and strategic studio acquisitions to broaden its offering.