East Side Games Group (TSE:EAGR) Shares Climb 15.4% – Should You Buy?

Shares of East Side Games Group Inc. (TSE:EAGR) rose 15.4% during trading on Wednesday. The company traded as high as C$0.07 and last traded at C$0.07. 201,525 shares changed hands during trading, an increase of 159% from the average daily volume of 77,776 shares. The stock had previously closed at C$0.07.

East Side Games Group Price Performance

The firm has a market cap of C$7.27 million, a price-to-earnings ratio of -0.22 and a beta of 0.44. The company has a current ratio of 1.27, a quick ratio of 0.91 and a debt-to-equity ratio of 37.73. The firm has a 50 day moving average price of C$0.07 and a 200-day moving average price of C$0.13.

East Side Games Group (TSE:EAGR) last announced its earnings results on Thursday, August 13th. The company reported C($0.05) EPS for the quarter. East Side Games Group had a negative net margin of 40.17% and a negative return on equity of 89.00%. The company had revenue of C$10.32 million for the quarter. On average, equities analysts forecast that East Side Games Group Inc. will post 0.12 EPS for the current year.

East Side Games Group Company Profile

ESGG is a leader in free-to-play mobile gaming, thrilling players with unforgettable experiences that spark lifelong fandom. Fueled by an entrepreneurial spirit, we are driven by creativity, flawless execution, and a laser-focused growth strategy. We develop and publish both original and licensed IP titles, license our cutting-edge GameKit(s) platforms, and strategically acquire studios or games to expand our family. Headquartered in Vancouver with around 120 talent-dense team members, we operate over a dozen titles under East Side Games (‘ESG’) and LDRLY (Technologies) Inc (‘LDRLY’).