Embracer Group AB (publ) (LON:0GFE) Stock Crosses Above 50-Day Moving Average – Here’s What Happened

Embracer Group AB (publ) (LON:0GFE)’s share price passed above its 50-day moving average during trading on Thursday . The stock has a 50-day moving average of GBX 28.25 ($0.36) and traded as high as GBX 28.93 ($0.36). Embracer Group AB (publ) shares last traded at GBX 28.65 ($0.36), with a volume of 535,661 shares.

Embracer Group AB (publ) Price Performance

The company has a current ratio of 0.65, a quick ratio of 1.07 and a debt-to-equity ratio of 37.59. The stock has a 50-day simple moving average of GBX 28.25 and a 200 day simple moving average of GBX 26.23. The stock has a market capitalization of £24.29 million, a price-to-earnings ratio of -6.90 and a beta of 0.53.

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.