Stillfront Group AB (publ) (OTCMKTS:STLFF) Trading Down 22.1% – Here’s What Happened

Stillfront Group AB (publ) (OTCMKTS:STLFF)’s share price fell 22.1% during mid-day trading on Friday . The stock traded as low as $0.4922 and last traded at $0.4922. 3,000 shares were traded during trading, an increase of 36% from the average session volume of 2,207 shares. The stock had previously closed at $0.6317.

Stillfront Group AB (publ) Stock Performance

The firm has a 50 day simple moving average of $0.65 and a two-hundred day simple moving average of $0.61.

About Stillfront Group AB (publ)

Stillfront Group AB (publ) is a Stockholm‐based holding company focused on the acquisition, development and operation of free-to-play online and mobile game studios. Through its platform, Stillfront offers strategic support in live operations, user acquisition and monetization to a diverse portfolio of games spanning genres such as strategy, simulation and role-playing. The company’s business model emphasizes long-term player engagement and recurring revenue streams generated by in-game purchases and events.

Founded in 2010, Stillfront has pursued a roll-up strategy, completing a series of studio acquisitions to build scale and diversify its product lineup.