Embracer Group AB (publ) (OTCMKTS:THQQF) Trading Down 5.1% – Should You Sell?

Embracer Group AB (publ) (OTCMKTS:THQQF)’s stock price dropped 5.1% during mid-day trading on Friday . The company traded as low as $5.60 and last traded at $5.60. Approximately 100 shares changed hands during trading, a decline of 94% from the average daily volume of 1,700 shares. The stock had previously closed at $5.90.

Embracer Group AB (publ) Stock Down 5.1%

The business has a 50 day moving average price of $7.27 and a two-hundred day moving average price of $9.37.

About Embracer Group AB (publ)

Embracer Group AB (publ) is a global video game and entertainment holding company based in Karlstad, Sweden. The company’s core business activities encompass the development, publishing and distribution of interactive entertainment across a variety of platforms, including console, PC and mobile. Through its decentralized operating model, Embracer Group partners with internal and externally acquired studios to manage a broad portfolio of game titles and intellectual property.

Embracer Group’s expansive network of subsidiaries and labels includes prominent names such as THQ Nordic, Koch Media, Coffee Stain and Gearbox Entertainment, among others.