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

East Side Games Group Inc. (TSE:EAGR) crossed below its 50-day moving average during trading on Friday. 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 63,000 shares changing hands.

East Side Games Group Trading Down 13.3%

The company has a quick ratio of 0.91, a current ratio of 1.27 and a debt-to-equity ratio of 37.73. The firm’s 50-day moving average price is C$0.07 and its 200 day moving average price is C$0.12. The company has a market capitalization of C$6.75 million, a P/E ratio of -0.20 and a beta of 0.44.

East Side Games Group (TSE:EAGR) last posted its earnings results on Thursday, August 13th. The company reported C($0.05) earnings per share for the quarter. East Side Games Group had a negative return on equity of 89.00% and a negative net margin of 40.17%. The business had revenue of C$10.32 million during the quarter. As a group, equities research analysts predict 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’).