East Side Games Group (TSE:EAGR) Trading Down 9.8% – Here’s What Happened

East Side Games Group Inc. (TSE:EAGR) shares were down 9.8% during mid-day trading on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.23. Approximately 77,673 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 47,222 shares. The stock had previously closed at C$0.26.

East Side Games Group Trading Down 25.9%

The company has a market cap of C$15.40 million, a price-to-earnings ratio of -1.33 and a beta of 1.22. The company has a quick ratio of 0.91, a current ratio of 1.02 and a debt-to-equity ratio of 5.20. The company’s 50-day moving average is C$0.25 and its 200 day moving average is C$0.32.

East Side Games Group (TSE:EAGR) last issued its quarterly earnings data on Tuesday, March 31st. The company reported C($0.13) earnings per share for the quarter. East Side Games Group had a negative return on equity of 26.90% and a negative net margin of 15.16%.The firm had revenue of C$19.76 million during the quarter. Research analysts predict that East Side Games Group Inc. will post 0.1166667 EPS for the current year.

East Side Games Group Company Profile

East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It’s Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.