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

East Side Games Group Inc. (TSE:EAGR) reached a new 52-week low during trading on Wednesday. The company 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 Performance

The company has a market cap of C$6.23 million, a price-to-earnings ratio of -0.19 and a beta of 1.00. The company has a current ratio of 1.27, a quick ratio of 0.91 and a debt-to-equity ratio of 37.73. The stock’s 50 day moving average price is C$0.07 and its 200 day moving average price is C$0.09.

East Side Games Group (TSE:EAGR) last released its earnings results on Thursday, August 13th. The company reported C($0.05) earnings per share (EPS) 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 company had revenue of C$10.32 million during the quarter. On average, analysts expect that East Side Games Group Inc. will post 0.12 EPS for the current fiscal 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’).