East Side Games Group (TSE:EAGR) Trading Down 9.8% – What’s Next?

Shares of East Side Games Group Inc. (TSE:EAGR) were down 9.8% on Wednesday . The stock traded as low as C$0.17 and last traded at C$0.23. Approximately 77,673 shares traded hands during mid-day trading, an increase of 64% from the average daily volume of 47,222 shares. The stock had previously closed at C$0.26.

East Side Games Group Price Performance

The firm has a market capitalization of C$13.09 million, a PE ratio of -1.13 and a beta of 1.22. The company has a debt-to-equity ratio of 5.20, a current ratio of 1.02 and a quick ratio of 0.91. The business’s 50 day moving average is C$0.24 and its two-hundred day moving average is C$0.32.

East Side Games Group (TSE:EAGR) last released its quarterly earnings results on Tuesday, March 31st. The company reported C($0.13) EPS for the quarter. The company had revenue of C$19.76 million during the quarter. East Side Games Group had a negative return on equity of 26.90% and a negative net margin of 15.16%. As a group, research analysts anticipate that East Side Games Group Inc. will post 0.1166667 EPS for the current year.

About East Side Games Group

East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It’s Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.