(QIIWI) Qiiwi Games (publ) - Ratings and Ratios

Qiiwi Games AB is a Swedish mobile game development and publishing company that has been operating since 2005. The company specializes in creating games for casual gamers, focusing on genres such as trivia, match-3, and word/puzzle games. With its headquarters in Alingsås, Sweden, Qiiwi Games has established itself as a player in the interactive home entertainment industry. The companys website can be found at https://www.qiiwi.com.

Analyzing the companys profile, its clear that Qiiwi Games operates in a highly competitive market. The mobile gaming industry is characterized by rapid innovation and changing consumer preferences. To remain competitive, Qiiwi Games must continually develop and release new, engaging games that appeal to its target audience. The companys ability to adapt to market trends and consumer demands will be crucial to its future success.

From a technical analysis perspective, Qiiwi Games stock (QIIWI) is currently trading at 2.07 SEK, with a 20-day simple moving average (SMA) of 2.16 SEK and a 50-day SMA of 2.24 SEK. The stocks 200-day SMA is 3.01 SEK, indicating a longer-term downtrend. The average true range (ATR) is 0.11, representing a 5.37% daily price movement. The stocks 52-week high and low are 5.00 SEK and 1.69 SEK, respectively. Based on this technical data, it appears that the stock is experiencing a short-term bearish trend, but the ATR suggests significant daily price volatility, which could be exploited by traders.

Fundamentally, Qiiwi Games has a market capitalization of 22.66M SEK. The companys P/E ratio is not available, likely due to negative earnings. The forward P/E ratio is also not available, indicating that the companys future earnings are uncertain. The return on equity (RoE) is -28.54%, suggesting that the company is currently unprofitable. To improve its financials, Qiiwi Games must focus on developing successful games that drive revenue growth and improve its bottom line.

Forecasting Qiiwi Games future performance, we can expect the companys stock to remain volatile in the short term, driven by the ATR and the stocks current downtrend. However, if Qiiwi Games can successfully release new, engaging games, it may be able to drive revenue growth and improve its financials. Based on the technical and fundamental data, a potential forecast for the stocks price could be around 2.50-3.00 SEK in the next 6-12 months, assuming the company can stabilize its financials and drive growth. However, this forecast is highly uncertain and subject to the companys ability to adapt to changing market conditions and consumer demands.