East Side Games Group (TSE:EAGR) Trading Down 12.5% – Here’s What Happened

East Side Games Group Inc. (TSE:EAGR)’s share price traded down 12.5% on Tuesday . The stock traded as low as C$0.14 and last traded at C$0.14. 153,784 shares were traded during mid-day trading, an increase of 198% from the average session volume of 51,620 shares. The stock had previously closed at C$0.16.

East Side Games Group Price Performance

The company has a current ratio of 1.02, a quick ratio of 0.91 and a debt-to-equity ratio of 5.20. The company’s fifty day moving average is C$0.24 and its two-hundred day moving average is C$0.31. The stock has a market cap of C$10.78 million, a price-to-earnings ratio of -0.93 and a beta of 0.77.

East Side Games Group (TSE:EAGR) last posted its earnings results on Tuesday, March 31st. The company reported C($0.13) earnings per share for the quarter. East Side Games Group had a negative net margin of 15.16% and a negative return on equity of 26.90%. The company had revenue of C$19.76 million during the quarter. As a group, research analysts predict that East Side Games Group Inc. will post 0.1166667 earnings per share for the current year.

East Side Games Group Company Profile

East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It’s Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.