Embracer Group AB (publ) (LON:0GFE) Trading Down 2.2% – Here’s What Happened

Embracer Group AB (publ) (LON:0GFE) shares fell 2.2% during mid-day trading on Thursday . The stock traded as low as GBX 103.40 ($1.34) and last traded at GBX 104.16 ($1.35). 2,220 shares traded hands during mid-day trading, a decline of 97% from the average session volume of 81,480 shares. The stock had previously closed at GBX 106.50 ($1.38).

Embracer Group AB (publ) Price Performance

The business has a fifty day simple moving average of GBX 138.53 and a 200-day simple moving average of GBX 69.10. The stock has a market capitalization of £94.25 million, a P/E ratio of -25.76 and a beta of 0.53. The company has a debt-to-equity ratio of 37.59, a quick ratio of 1.07 and a current ratio of 0.65.

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.