East Side Games Group (TSE:EAGR) Stock Price Up 28.6% – Here’s Why

East Side Games Group Inc. (TSE:EAGR)’s stock price traded up 28.6% during mid-day trading on Wednesday . The stock traded as high as C$0.10 and last traded at C$0.09. 902,454 shares traded hands during mid-day trading, an increase of 1,035% from the average session volume of 79,512 shares. The stock had previously closed at C$0.07.

East Side Games Group Price Performance

The firm’s 50-day simple moving average is C$0.10 and its 200 day simple moving average is C$0.20. The company has a debt-to-equity ratio of 27.95, a quick ratio of 0.91 and a current ratio of 0.89. The company has a market capitalization of C$7.89 million, a PE ratio of -0.27 and a beta of 0.90.

East Side Games Group (TSE:EAGR) last released its quarterly earnings data on Thursday, May 14th. The company reported C($0.05) EPS for the quarter. The company had revenue of C$12.45 million for the quarter. East Side Games Group had a negative return on equity of 65.14% and a negative net margin of 30.75%. As a group, equities research analysts forecast that East Side Games Group Inc. will post 0.1166667 earnings per share for the current year.

About East Side Games Group

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’).