East Side Games Group (TSE:EAGR) Trading Down 14.8% – Should You Sell?

East Side Games Group Inc. (TSE:EAGR) fell 14.8% during mid-day trading on Friday . The stock traded as low as C$0.11 and last traded at C$0.12. 148,310 shares were traded during mid-day trading, an increase of 184% from the average session volume of 52,269 shares. The stock had previously closed at C$0.14.

East Side Games Group Trading Down 18.5%

The stock has a market capitalization of C$8.46 million, a price-to-earnings ratio of -0.46 and a beta of 0.77. The company has a debt-to-equity ratio of 18.96, a quick ratio of 0.91 and a current ratio of 0.88. The firm has a fifty day moving average of C$0.19 and a 200-day moving average of C$0.28.

East Side Games Group (TSE:EAGR) last announced its quarterly earnings results on Tuesday, March 31st. The company reported C($0.13) 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$19.76 million during the quarter. As a group, equities analysts predict that East Side Games Group Inc. will post 0.1166667 earnings per share for the current fiscal 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.