Embracer Group AB (publ) (LON:0GFE) Shares Down 2.2% – Should You Sell?

Embracer Group AB (publ) (LON:0GFE) was down 2.2% during trading on Thursday . The company traded as low as GBX 63.40 and last traded at GBX 65.16. 3,099 shares were traded during trading, a decline of 94% from the average daily volume of 51,275 shares. The stock had previously closed at GBX 66.60.

Embracer Group AB (publ) Stock Performance

The company has a current ratio of 0.65, a quick ratio of 1.07 and a debt-to-equity ratio of 37.59. The firm’s fifty day moving average price is GBX 65.21 and its two-hundred day moving average price is GBX 57.61. The stock has a market capitalization of £56.85 million, a PE ratio of -15.54 and a beta of 0.53.

About Embracer Group AB (publ)

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.