East Side Games Group (TSE:EAGR) Trading Down 23.5% – What’s Next?

East Side Games Group Inc. (TSE:EAGR)’s stock price dropped 23.5% on Friday . The stock traded as low as C$0.06 and last traded at C$0.07. 238,998 shares were traded during mid-day trading, an increase of 207% from the average daily volume of 77,846 shares. The stock had previously closed at C$0.09.

East Side Games Group Stock Performance

The company has a debt-to-equity ratio of 27.95, a current ratio of 0.89 and a quick ratio of 0.91. The stock has a 50-day simple moving average of C$0.08 and a 200-day simple moving average of C$0.15. The stock has a market cap of C$6.84 million, a P/E ratio of -0.23 and a beta of 0.80.

East Side Games Group (TSE:EAGR) last issued its earnings results on Thursday, August 13th. The company reported C($0.05) EPS for the quarter. The business had revenue of C$10.32 million for the quarter. East Side Games Group had a negative return on equity of 65.14% and a negative net margin of 30.75%. Research analysts forecast that East Side Games Group Inc. will post 0.1166667 earnings per share for the current year.

East Side Games Group Company Profile

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’).