Embracer Group AB (publ) (LON:0GFE) Shares Up 3% - Here's Why

Key Points

• Embracer Group AB (publ) shares rose by 3% on Monday, reaching a last trading price of GBX 100.89 ($1.36), despite a notable drop in trading volume of 77% compared to its average.
• The company's financial ratios include a current ratio of 0.65, a quick ratio of 1.07, and a debt-to-equity ratio of 37.59, indicating a moderate financial structure.
• Embracer Group is involved in developing and publishing various games as well as media, showcasing its diverse presence in the global entertainment market.

Embracer Group AB (publ) (LON:0GFE - ) was up 3% on Monday . The stock traded as high as GBX 101.94 ($1.38) and last traded at GBX 100.89 ($1.36). Approximately 16,593 shares traded hands during trading, a decline of 77% from the average daily volume of 70,815 shares. The stock had previously closed at GBX 97.91 ($1.32).

Embracer Group AB (publ) Stock Performance

The company has a current ratio of 0.65, a quick ratio of 1.07 and a debt-to-equity ratio of 37.59. The stock has a market capitalization of £88.94 million, a PE ratio of -24.31 and a beta of 0.53. The firm's 50-day simple moving average is GBX 94.79 and its two-hundred day simple moving average is GBX 105.37.

Embracer Group AB (publ) Company Profile

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.

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