East Side Games Group (TSE:EAGR) Shares Down 27.3% – Time to Sell?

East Side Games Group Inc. (TSE:EAGR) traded down 27.3% during mid-day trading on Friday . The company traded as low as C$0.08 and last traded at C$0.08. 112,036 shares traded hands during mid-day trading, an increase of 101% from the average session volume of 55,797 shares. The stock had previously closed at C$0.11.

East Side Games Group Stock Down 22.7%

The stock has a market cap of C$6.54 million, a price-to-earnings ratio of -0.35 and a beta of 0.94. The company has a current ratio of 0.88, a quick ratio of 0.91 and a debt-to-equity ratio of 18.96. The stock’s 50-day moving average price is C$0.17 and its 200-day moving average price is C$0.26.

East Side Games Group (TSE:EAGR) last released its earnings results on Thursday, May 14th. The company reported C($0.05) earnings per share (EPS) for the quarter. East Side Games Group had a negative net margin of 24.41% and a negative return on equity of 48.23%. The company had revenue of C$12.45 million for the quarter. On average, sell-side analysts expect 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’).