Embracer Group AB (publ) (LON:0GFE) Shares Down 2.2% – Here’s Why

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

Embracer Group AB (publ) Stock Performance

The company has a debt-to-equity ratio of 37.59, a current ratio of 0.65 and a quick ratio of 1.07. The firm has a market capitalization of £91.82 million, a PE ratio of -25.10 and a beta of 0.53. The company’s fifty day simple moving average is GBX 140.26 and its 200 day simple moving average is GBX 68.84.

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.