Embracer Group AB (publ) (LON:0GFE) Shares Up 17.3% – What’s Next?

Embracer Group AB (publ) (LON:0GFE)’s stock price was up 17.3% on Thursday . The stock traded as high as GBX 55.47 and last traded at GBX 54.51. Approximately 109,809 shares traded hands during trading, an increase of 139% from the average daily volume of 46,036 shares. The stock had previously closed at GBX 46.47.

Embracer Group AB (publ) Trading Up 17.2%

The stock has a market capitalization of £48.00 million, a PE ratio of -13.12 and a beta of 0.53. The stock’s 50 day moving average price is GBX 55.79 and its 200-day moving average price is GBX 81.46. The company has a quick ratio of 1.07, a current ratio of 0.65 and a debt-to-equity ratio of 37.59.

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.