Embracer Group AB (publ) (LON:0GFE) Shares Down 0.9% – Time to Sell?

Embracer Group AB (publ) (LON:0GFE) was down 0.9% during trading on Tuesday . The company traded as low as GBX 58.37 and last traded at GBX 58.87. Approximately 20,309 shares traded hands during trading, a decline of 64% from the average daily volume of 57,084 shares. The stock had previously closed at GBX 59.43.

Embracer Group AB (publ) Trading Down 0.9%

The company has a quick ratio of 1.07, a current ratio of 0.65 and a debt-to-equity ratio of 37.59. The stock’s 50 day moving average price is GBX 84.65 and its 200-day moving average price is GBX 95.09. The stock has a market capitalization of £51.89 million, a P/E ratio of -14.19 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.