Embracer Group AB (publ) (LON:0GFE) Trading Down 22.9% - Should You Sell?

Key Points

• Embracer Group AB's shares fell by 22.9% during trading on Thursday, with the stock price hitting a low of GBX 75.81 ($1.03) before closing at GBX 76.60 ($1.04).
• The company has a market capitalization of £67.91 million and reported a debt-to-equity ratio of 37.59.
• Embracer Group operates in the games market, developing and publishing games, films, and comic books across various platforms.

Embracer Group AB (publ) (LON:0GFE - Get Free Report) shares fell 22.9% during mid-day trading on Thursday . The stock traded as low as GBX 75.81 ($1.02) and last traded at GBX 76.60 ($1.03). 99,844 shares traded hands during mid-day trading, an increase of 30% from the average session volume of 77,046 shares. The stock had previously closed at GBX 99.31 ($1.34).

Embracer Group AB (publ) Trading Down 0.8%

The business's 50-day moving average is GBX 104.31 and its two-hundred day moving average is GBX 112.78. The stock has a market capitalization of £74.58 million, a PE ratio of -20.39 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.

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.