Embracer Group AB (publ) (LON:0GFE) Shares Down 1.5% - Here's Why

Key Points

• Embracer Group AB's stock price declined by 1.5%, trading as low as GBX 83.06 ($1.12), with a significant drop in trading volume of 88% from average levels.
• The company has a market capitalization of £74.15 million, a PE ratio of -20.27, and a debt-to-equity ratio of 37.59, indicating potential financial challenges.
• Embracer Group AB develops and publishes a variety of games, including PC, console, and mobile titles, and also engages in publishing films and comic books.

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

Embracer Group AB (publ) Trading Up 4.4%

The company has a market capitalization of £76.25 million, a price-to-earnings ratio of -20.84 and a beta of 0.53. 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 business's 50 day moving average price is GBX 98.59 and its two-hundred day moving average price is 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.