East Side Games Group (TSE:EAGR) Stock Price Up 15.4% – Here’s What Happened

East Side Games Group Inc. (TSE:EAGR) traded up 15.4% during mid-day trading on Wednesday. The stock traded as high as C$0.07 and last traded at C$0.07. Approximately 201,525 shares were traded during mid-day trading, an increase of 159% from the average daily volume of 77,776 shares. The stock had previously closed at C$0.07.

East Side Games Group Stock Performance

The company has a market cap of C$7.79 million, a PE ratio of -0.23 and a beta of 1.00. The company has a current ratio of 1.27, a quick ratio of 0.91 and a debt-to-equity ratio of 37.73. The business has a fifty day moving average of C$0.07 and a 200-day moving average of C$0.13.

East Side Games Group (TSE:EAGR) last released its quarterly earnings results on Thursday, August 13th. The company reported C($0.05) EPS for the quarter. East Side Games Group had a negative net margin of 40.17% and a negative return on equity of 89.00%. The business had revenue of C$10.32 million for the quarter. Equities research analysts anticipate that East Side Games Group Inc. will post 0.12 earnings per share for the current fiscal year.

About East Side Games Group

ESGG is a leader in free-to-play mobile gaming, thrilling players with unforgettable experiences that spark lifelong fandom. Fueled by an entrepreneurial spirit, we are driven by creativity, flawless execution, and a laser-focused growth strategy. We develop and publish both original and licensed IP titles, license our cutting-edge GameKit(s) platforms, and strategically acquire studios or games to expand our family. Headquartered in Vancouver with around 120 talent-dense team members, we operate over a dozen titles under East Side Games (‘ESG’) and LDRLY (Technologies) Inc (‘LDRLY’).