Embracer Group AB (publ) (LON:0GFE) Shares Cross Above Fifty Day Moving Average – Should You Sell?

Embracer Group AB (publ) (LON:0GFE)’s share price crossed above its fifty day moving average during trading on Thursday . The stock has a fifty 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 changing hands.

Embracer Group AB (publ) Trading Down 0.6 %

The firm’s 50-day simple moving average is GBX 28.25 and its 200 day simple moving average is GBX 26.23. The stock has a market cap of £24.29 million, a P/E ratio of -6.90 and a beta of 0.53. The company has a current ratio of 0.65, a quick ratio of 1.07 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.