Embracer Group AB (publ) (LON:0GFE) Trading 2.7% Higher – Should You Buy?

Embracer Group AB (publ) (LON:0GFE) shares rose 2.7% during trading on Thursday . The company traded as high as GBX 51.51 and last traded at GBX 51.17. Approximately 7,127 shares traded hands during trading, a decline of 84% from the average daily volume of 44,964 shares. The stock had previously closed at GBX 49.81.

Embracer Group AB (publ) Trading Up 3.4%

The company has a quick ratio of 1.07, a current ratio of 0.65 and a debt-to-equity ratio of 37.59. The firm has a market capitalization of £46.49 million, a price-to-earnings ratio of -12.71 and a beta of 0.53. The business has a 50-day moving average of GBX 52.62 and a two-hundred day moving average of GBX 76.45.

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. 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.