Stillfront Group AB (publ) (OTCMKTS:STLFF) Trading Down 22.1% – Here’s Why

Stillfront Group AB (publ) (OTCMKTS:STLFF)’s share price fell 22.1% on Friday . The company traded as low as $0.4922 and last traded at $0.4922. 3,000 shares traded hands during trading, an increase of 36% from the average session volume of 2,207 shares. The stock had previously closed at $0.6317.

Stillfront Group AB (publ) Price Performance

The company has a 50-day moving average price of $0.65 and a 200-day moving average price of $0.61.

Stillfront Group AB (publ) Company Profile

Stillfront Group AB (publ) is a Stockholm‐based holding company focused on the acquisition, development and operation of free-to-play online and mobile game studios. Through its platform, Stillfront offers strategic support in live operations, user acquisition and monetization to a diverse portfolio of games spanning genres such as strategy, simulation and role-playing. The company’s business model emphasizes long-term player engagement and recurring revenue streams generated by in-game purchases and events.

Founded in 2010, Stillfront has pursued a roll-up strategy, completing a series of studio acquisitions to build scale and diversify its product lineup.