Embracer Group AB (publ) (LON:0GFE) Trading Up 0.4% - Here's Why

Key Points

• Shares of Embracer Group AB (publ) rose by 0.4%, closing at GBX 103.71 ($1.39) after reaching a high of GBX 104.24 ($1.40).
• The company's market capitalization stands at £91.64 million, with a price-to-earnings ratio of -25.05.
• Embracer Group specializes in developing and publishing a variety of games, and also engages in the publication of films and comic books.

Shares of Embracer Group AB (publ) (LON:0GFE - ) were up 0.4% during trading on Thursday . The company traded as high as GBX 104.24 ($1.40) and last traded at GBX 103.71 ($1.39). Approximately 24,348 shares were traded during trading, a decline of 69% from the average daily volume of 78,674 shares. The stock had previously closed at GBX 103.30 ($1.39).

Embracer Group AB (publ) Stock Performance

The firm's fifty day simple moving average is GBX 108.41 and its 200 day simple moving average is GBX 119.84. The company has a market capitalization of £91.64 million, a price-to-earnings ratio of -25.05 and a beta of 0.53. The company has a debt-to-equity ratio of 37.59, a current ratio of 0.65 and a quick ratio of 1.07.

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.

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