(MAGI) MAG Interactive (publ) - Ratings and Ratios

MAG Interactive AB (publ) is a mobile gaming company that has established itself as a prominent player in the global market, developing and publishing a diverse portfolio of casual social games that cater to a broad audience. The companys game offerings, including QuizDuel, Wordzee, and WordBrain, have been successful in captivating users worldwide, generating significant revenue through digital app stores. With its headquarters in Stockholm, Sweden, MAG Interactive AB (publ) has been operating since its incorporation in 2010.

Analyzing the companys market presence, its clear that MAG Interactive AB (publ) operates within the competitive landscape of the Interactive Home Entertainment sub-industry. The companys ability to distribute its games through various digital app stores has been a key factor in its success, allowing it to reach a global audience. With a strong online presence, as evident from its website (https://www.maginteractive.com), the company is well-positioned to continue developing and marketing its games to a growing user base.

From a technical analysis perspective, the stocks current price of 7.22 SEK is below its short-term and long-term moving averages (SMA20: 7.70, SMA50: 8.25, SMA200: 8.22), indicating a potential undervaluation. The Average True Range (ATR) of 0.55, equivalent to 7.68% of the current price, suggests moderate volatility. Considering the 52-week high and low prices (10.44 and 6.64, respectively), the stock has shown significant price fluctuations. Using this technical data, a potential forecast could be that the stock price may rebound towards its SMA20 in the short term, potentially reaching 7.70 SEK.

Fundamental analysis reveals a Market Cap of 208.78M SEK, with a Price-to-Earnings (P/E) ratio of 28.14 and a Forward P/E of 16.34, indicating that the stock may be undervalued relative to its expected future earnings. The Return on Equity (RoE) of 2.20% suggests that the company is generating relatively low returns on shareholder equity. Combining this fundamental data with the technical analysis, a forecast for MAG Interactive AB (publ) could be that the stock price may experience a moderate increase in the short term, driven by potential improvements in the companys earnings and a rebound in the stock price towards its moving averages. A potential target price could be around 8.50 SEK, representing a 17.5% increase from the current price.