Embracer Group AB (publ) (LON:0GFE) Shares Up 0.4% – Still a Buy?

Embracer Group AB (publ) (LON:0GFE) was up 0.4% on Wednesday . The company traded as high as GBX 63.30 and last traded at GBX 62.84. Approximately 14,289 shares were traded during mid-day trading, a decline of 71% from the average daily volume of 48,490 shares. The stock had previously closed at GBX 62.61.

Embracer Group AB (publ) Stock Performance

The stock has a market capitalization of £55.39 million, a price-to-earnings ratio of -15.14 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 stock’s 50 day moving average is GBX 62.50 and its two-hundred day moving average is GBX 58.83.

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. 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.