Embracer Group AB (publ) (LON:0GFE) Trading Up 2.3% – Here’s What Happened

Embracer Group AB (publ) (LON:0GFE) shares were up 2.3% during trading on Thursday . The company traded as high as GBX 75.54 and last traded at GBX 75.32. 24,181 shares changed hands during trading, a decline of 52% from the average session volume of 50,649 shares. The stock had previously closed at GBX 73.61.

Embracer Group AB (publ) Price Performance

The firm has a market capitalization of £65.67 million, a P/E ratio of -17.95 and a beta of 0.53. The stock’s 50 day simple moving average is GBX 68.83 and its 200 day simple moving average is GBX 61.80. The company has a debt-to-equity ratio of 37.59, a quick ratio of 1.07 and a current ratio of 0.65.

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.