Embracer Group AB (publ) (LON:0GFE) Shares Climb 0.2% – What’s Next?

Embracer Group AB (publ) (LON:0GFE)’s share price shot up 0.2% during mid-day trading on Friday. The company traded as high as GBX 92.94 and last traded at GBX 89.70. Approximately 8,285 shares were traded during trading, a decline of 83% from the average session volume of 49,388 shares. The stock had previously closed at GBX 89.56.

Embracer Group AB (publ) Price Performance

The business’s 50 day moving average is GBX 79.92 and its 200-day moving average is GBX 69.05. The firm has a market capitalization of £79.07 million, a P/E ratio of -21.61 and a beta of 0.53. The company has a quick ratio of 1.07, a current ratio of 0.65 and a debt-to-equity ratio of 37.59.

Embracer Group AB (publ) Company Profile

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.