(MTG-B) Modern Times Mtg - Ratings and Ratios

Modern Times Group MTG AB is a global entertainment company that operates a diverse portfolio of game franchises and digital services across multiple regions, including Europe, North America, and Asia-Pacific. The companys game development and publishing arm is a significant player in the mobile and online gaming space, with a range of popular brands under its belt, including PlaySimple, InnoGames, Ninja Kiwi, Hutch, Snowprint, and Kongregate. With a presence in over 10 countries, MTG AB has established itself as a major force in the digital entertainment industry.

From a business perspective, MTG ABs revenue streams are diversified across in-app purchases, in-app advertising, and third-party distribution services. The companys ability to generate revenue through multiple channels provides a degree of stability and flexibility, allowing it to adapt to changing market conditions. With a strong track record of innovation and a commitment to developing high-quality gaming content, MTG AB is well-positioned to capitalize on the growing demand for digital entertainment.

Analyzing the companys , we can see that the stock has been trading in a relatively tight range, with the SMA20 and SMA50 indicating a stable trend. However, the SMA200 suggests that the stock has been trending upwards over the longer term. With an ATR of 3.30, representing a 3.00% daily volatility, the stock appears to be experiencing moderate price movements. Given the current price of 110.10, we can expect the stock to continue to trade within a range of 107-113 in the short term.

From a fundamental perspective, MTG ABs indicates a market capitalization of 12.835 billion SEK, with a negative P/E ratio and RoE of -0.85. While the negative P/E ratio may be a concern, its worth noting that the company is investing heavily in game development and marketing, which is likely to drive future growth. Using a combination of and , our forecast suggests that MTG-B will trade at a price of 125-130 in the next 6-12 months, driven by the companys strong game development pipeline and improving revenue growth. However, this forecast is contingent on the company being able to improve its profitability and return on equity in the coming quarters.

In conclusion, Modern Times Group MTG AB is a well-established player in the digital entertainment industry, with a diverse portfolio of game franchises and digital services. While the companys current financial performance is not without its challenges, our analysis suggests that the stock has the potential to trade higher in the coming months, driven by improving revenue growth and a strong game development pipeline.