Embracer Group AB (publ) (LON:0GFE) Trading Down 3% – What’s Next?

Shares of Embracer Group AB (publ) (LON:0GFE) fell 3% during mid-day trading on Thursday . The company traded as low as GBX 45.80 and last traded at GBX 45.80. 26,077 shares were traded during trading, a decline of 41% from the average session volume of 44,386 shares. The stock had previously closed at GBX 47.20.

Embracer Group AB (publ) Stock Down 3.0%

The stock has a fifty day moving average price of GBX 59.26 and a 200 day moving average price of GBX 83.31. The company has a debt-to-equity ratio of 37.59, a current ratio of 0.65 and a quick ratio of 1.07. The stock has a market capitalization of £40.37 million, a P/E ratio of -11.03 and a beta of 0.53.

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. The company was formerly known as THQ Nordic AB (publ) and changed its name to Embracer Group AB (publ) in October 2019. Embracer Group AB (publ) was founded in 1990 and is headquartered in Karlstad, Sweden.