(STAR-B) Starbreeze (publ) - Ratings and Ratios

Starbreeze AB (publ) is a Swedish video game developer and publisher primarily focused on PC and console games in Europe and North America, with a notable portfolio under the PAYDAY brand, which has garnered a significant following. The companys business is diversified across Game Sales, 3rd Party Publishing, Licenses, and Other segments, allowing for multiple revenue streams. Established in 1998 and headquartered in Stockholm, Sweden, Starbreeze has a history of developing and publishing games that cater to a dedicated gamer community. Their official website (https://www.starbreeze.com) provides insights into their projects, financial reports, and corporate updates.

Analyzing the companys current status, we observe that its stock (STAR-B) is characterized by its listing as a common stock in the Interactive Home Entertainment sub-industry, with roots in Sweden. The market has been closely watching Starbreeze due to its involvement in the dynamic video game industry, which is known for its potential for significant growth and volatility.

From a technical standpoint, the stocks recent behavior indicates a relatively stable short-term trend, with both the 20-day and 50-day Simple Moving Averages (SMA) at 0.19, suggesting a consolidation phase. However, the 200-day SMA at 0.23 indicates a longer-term downtrend. The Average True Range (ATR) of 0.01, equivalent to 5.79%, suggests moderate volatility. Given the 52-week high of 0.37 and low of 0.17, the current price of 0.22 is near the lower end of its recent range but above its 52-week low, potentially indicating a support level.

Fundamentally, Starbreezes Market Cap stands at 312.62M SEK, with a negative Return on Equity (RoE) of -25.57, indicating that the company has not been profitable in recent times. The absence of P/E and Forward P/E ratios further emphasizes the companys current lack of profitability. These factors suggest that investors are either speculating on future growth or believe in the companys potential for turnaround.

Forecasting Starbreezes future based on both technical and fundamental data, we can infer that the stock is currently in a consolidation phase and may be preparing for a potential move. If the company can successfully develop and publish new titles or successfully execute its business strategy, it could lead to a positive reevaluation by investors. Technically, a break above the 0.23 level (200-day SMA) could signal a potential uptrend, while failing to sustain above 0.19 could lead to further decline. Fundamentally, a successful game launch or a strategic partnership could improve the companys RoE and attract more investors, potentially leading to a revaluation of the stock. Therefore, closely monitoring the companys upcoming game releases, business developments, and technical indicators will be crucial for investors.