East Side Games Group (TSE:EAGR) Shares Down 10.5% – Should You Sell?

Shares of East Side Games Group Inc. (TSE:EAGR) fell 10.5% during mid-day trading on Friday . The company traded as low as C$0.09 and last traded at C$0.09. 126,540 shares traded hands during mid-day trading, an increase of 128% from the average session volume of 55,464 shares. The stock had previously closed at C$0.10.

East Side Games Group Price Performance

The business’s 50-day simple moving average is C$0.16 and its 200-day simple moving average is C$0.25. The stock has a market cap of C$6.54 million, a PE ratio of -0.35 and a beta of 0.94. The company has a quick ratio of 0.91, a current ratio of 0.89 and a debt-to-equity ratio of 27.95.

East Side Games Group (TSE:EAGR) last released its quarterly earnings data 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 30.75% and a negative return on equity of 65.14%. The firm had revenue of C$12.45 million during the quarter. On average, research analysts expect that East Side Games Group Inc. will post 0.1166667 EPS for the current fiscal 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’).