East Side Games Group (TSE:EAGR) Trading Down 10.5% – Here’s Why

Shares of East Side Games Group Inc. (TSE:EAGR) fell 10.5% during trading on Friday . The stock traded as low as C$0.09 and last traded at C$0.09. 126,540 shares were traded during trading, an increase of 128% from the average session volume of 55,464 shares. The stock had previously closed at C$0.10.

East Side Games Group Trading Down 10.5%

The firm has a market capitalization of C$6.54 million, a price-to-earnings ratio of -0.35 and a beta of 0.94. The firm’s 50 day moving average is C$0.16 and its 200 day moving average is C$0.25. The company has a quick ratio of 0.91, a current ratio of 0.89 and a debt-to-equity ratio of 27.95.

East Side Games Group (TSE:EAGR) last released its earnings results on Thursday, May 14th. The company reported C($0.05) EPS for the quarter. East Side Games Group had a negative net margin of 30.75% and a negative return on equity of 65.14%. The business had revenue of C$12.45 million for the quarter. Equities analysts forecast that East Side Games Group Inc. will post 0.1166667 earnings per share for the current year.

About East Side Games Group

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’).