(EG7) Enad Global 7 - Ratings and Ratios

Enad Global7 AB is a Swedish gaming company that develops, markets, publishes, and distributes games across various platforms globally, with a presence in multiple regions including Europe, North America, South America, Asia, Africa, and Oceania. The company operates through six distinct segments: Daybreak, Big Blue Bubble, Piranha, Toadman, Petrol, and Fireshine, allowing it to diversify its portfolio and mitigate risks. In addition to its own game development, Enad Global7 provides marketing services to other companies, leveraging its expertise to generate additional revenue streams.

The companys game portfolio includes titles under prominent brands such as Call of Duty, Doom, Diablo, Destiny, and Elden Ring, indicating its capacity to partner with major game publishers and developers. With its headquarters in Stockholm, Sweden, Enad Global7 was incorporated in 2013 and rebranded from Toadman Interactive AB in March 2020, signifying a strategic shift in its business operations.

Analyzing the technical data, Enad Global7s stock price is currently at 13.56 SEK, with its 20-day SMA at 12.98 SEK and 50-day SMA at 12.10 SEK, indicating a positive trend. The 200-day SMA is at 13.48 SEK, suggesting a potential resistance level. The ATR of 0.66 SEK (4.84%) indicates moderate volatility. Given the 52-week high of 17.89 SEK and low of 10.50 SEK, the stock is currently trading near the lower end of its recent range.

From a fundamental perspective, Enad Global7 has a market capitalization of 1215.64M SEK, with a negative RoE of -6.95%, indicating that the company is currently unprofitable. The absence of P/E and forward P/E ratios further supports this conclusion. To forecast the stocks performance, we can consider the companys growth potential, its diversified business segments, and its partnerships with major game brands. Assuming the company can improve its profitability through successful game releases and marketing services, the stock may experience an upward trend.

Based on the technical and fundamental data, a potential forecast for Enad Global7s stock price could be a gradual increase towards the 52-week high of 17.89 SEK, driven by successful game releases and improved profitability. However, this is contingent upon the companys ability to address its current unprofitability and effectively leverage its business segments. A more conservative estimate would be a price target of 15.50 SEK, representing a 14% increase from the current price. This forecast is subject to the companys future performance and overall market conditions.