Embracer Group AB (publ) (LON:0GFE) Stock Price Down 2.2% – What’s Next?

Shares of Embracer Group AB (publ) (LON:0GFE) dropped 2.2% on Thursday . The company traded as low as GBX 63.40 and last traded at GBX 65.16. Approximately 3,099 shares were traded during trading, a decline of 94% from the average daily volume of 51,275 shares. The stock had previously closed at GBX 66.60.

Embracer Group AB (publ) Stock Down 2.2%

The firm has a 50-day moving average of GBX 65.32 and a two-hundred day moving average of GBX 57.56. The stock has a market capitalization of £57.44 million, a price-to-earnings ratio of -15.70 and a beta of 0.53. The company has a quick ratio of 1.07, a current ratio of 0.65 and a debt-to-equity ratio of 37.59.

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.