East Side Games Group (TSE:EAGR) Reaches New 1-Year Low – Here’s Why

East Side Games Group Inc. (TSE:EAGR) hit a new 52-week low during mid-day trading on Wednesday. The stock traded as low as C$0.06 and last traded at C$0.06, with a volume of 119,000 shares trading hands. The stock had previously closed at C$0.07.

East Side Games Group Stock Down 7.7%

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 company’s fifty day moving average price is C$0.07 and its 200-day moving average price is C$0.09. The stock has a market capitalization of C$6.23 million, a PE ratio of -0.19 and a beta of 1.00.

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