East Side Games Group (TSE:EAGR) Trading Down 12.5% – Here’s What Happened

Shares of East Side Games Group Inc. (TSE:EAGR) traded down 12.5% during trading on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. 153,784 shares were traded during trading, an increase of 198% from the average session volume of 51,620 shares. The stock had previously closed at C$0.16.

East Side Games Group Trading Down 12.5%

The stock has a market cap of C$10.78 million, a PE ratio of -0.93 and a beta of 0.77. The company has a debt-to-equity ratio of 5.20, a quick ratio of 0.91 and a current ratio of 1.02. The company’s 50-day moving average price is C$0.24 and its 200 day moving average price is C$0.31.

East Side Games Group (TSE:EAGR) last released its quarterly earnings results on Tuesday, March 31st. The company reported C($0.13) EPS for the quarter. The firm had revenue of C$19.76 million for the quarter. East Side Games Group had a negative net margin of 15.16% and a negative return on equity of 26.90%. On average, sell-side analysts forecast that East Side Games Group Inc. will post 0.1166667 EPS for the current fiscal year.

East Side Games Group Company Profile

East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It’s Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.