East Side Games Group (TSE:EAGR) Share Price Breaks Below 50-Day Moving Average – What’s Next?

Shares of East Side Games Group Inc. (TSE:EAGR) passed below its 50-day moving average during trading on Tuesday. The stock has a 50-day moving average of C$0.07 and traded as low as C$0.07. East Side Games Group shares last traded at C$0.07, with a volume of 31,046 shares.

East Side Games Group Trading Down 13.3%

The company has a 50 day simple moving average of C$0.07 and a 200 day simple moving average of C$0.13. The company has a market capitalization of C$6.75 million, a PE ratio of -0.20 and a beta of 1.00. The company has a debt-to-equity ratio of 37.73, a quick ratio of 0.91 and a current ratio of 1.27.

East Side Games Group (TSE:EAGR) last released its earnings results on Thursday, August 13th. The company reported C($0.05) earnings per share for the quarter. The firm had revenue of C$10.32 million during the quarter. East Side Games Group had a negative net margin of 40.17% and a negative return on equity of 89.00%. Analysts anticipate that East Side Games Group Inc. will post 0.12 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’).