Embracer Group AB (publ) (LON:0GFE) Trading Down 1.5% - Here's What Happened

Key Points

• Embracer Group AB saw its stock price decline by 1.5%, trading at GBX 84.11 ($1.14) after hitting a low of GBX 83.06 ($1.12).
• The volume of shares traded was approximately 9,069, a significant drop of 88% compared to the average session volume of 73,511 shares.
• The company has a market cap of £74.15 million and a negative price-to-earnings ratio of -20.27, indicating challenges in profitability.

Embracer Group AB (publ) (LON:0GFE - Get Free Report) shares were down 1.5% during mid-day trading on Friday . The company traded as low as GBX 83.06 ($1.12) and last traded at GBX 84.11 ($1.13). Approximately 9,069 shares changed hands during mid-day trading, a decline of 88% from the average daily volume of 73,511 shares. The stock had previously closed at GBX 85.39 ($1.15).

Embracer Group AB (publ) Price 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 company has a market capitalization of £76.25 million, a P/E ratio of -20.84 and a beta of 0.53. The company has a 50 day moving average price of GBX 98.59 and a 200 day moving average price of GBX 107.87.

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.