East Side Games Group (TSE:EAGR) Trading Down 23.5% – Here’s Why

Shares of East Side Games Group Inc. (TSE:EAGRGet Free Report) fell 23.5% on Friday . The company traded as low as C$0.06 and last traded at C$0.07. 238,998 shares were traded during trading, an increase of 207% from the average session volume of 77,846 shares. The stock had previously closed at C$0.09.

East Side Games Group Stock Performance

The stock has a market capitalization of C$6.31 million, a PE ratio of -0.21 and a beta of 0.80. The business’s 50 day moving average is C$0.08 and its 200 day moving average is C$0.15. The company has a current ratio of 0.89, a quick ratio of 0.91 and a debt-to-equity ratio of 27.95.

East Side Games Group (TSE:EAGRGet Free Report) last announced its quarterly earnings data on Thursday, August 13th. The company reported C($0.05) earnings per share (EPS) for the quarter. The firm had revenue of C$10.32 million during the quarter. East Side Games Group had a negative return on equity of 65.14% and a negative net margin of 30.75%. On average, equities research analysts predict that East Side Games Group Inc. will post 0.1166667 earnings per share for the current fiscal year.

East Side Games Group Company Profile

(Get Free Report)

ESGG is a leader in free-to-play mobile gaming, thrilling players with unforgettable experiences that spark lifelong fandom. Fueled by an entrepreneurial spirit, we are driven by creativity, flawless execution, and a laser-focused growth strategy. We develop and publish both original and licensed IP titles, license our cutting-edge GameKit(s) platforms, and strategically acquire studios or games to expand our family. Headquartered in Vancouver with around 120 talent-dense team members, we operate over a dozen titles under East Side Games (‘ESG’) and LDRLY (Technologies) Inc (‘LDRLY’).

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