In recent times, the gaming industry has manage to emerge as one of the favourite sectors for investors but on Thursday, the East Side Games Group (OTCMKTS:EAGRF) (TSE:EAGR) stock did not have a particularly great time. The stock was in the middle of a selloff on Thursday and ended the day with declines of as much as 3%.
Trading Data
On Thursday, EAGRF stock moved down 3.60% to $2.70 with more than 1.8k shares, compared to its average volume of 12.7K shares. The stock has moved within a range of $2.7000 – 2.7000 after opening trade at $2.70.
East Side Games Group Announces Doctor Who Mobile Game
However, the leading free to play mobile game company in Canada actually made a major announcement and it is something that investors could look into. The comp-any announced yesterday that it had been successful in inking a partnership spanning across several years with BBC Studios.
The agreement in question with BBC Studios is in relation to the production of the mobile game for the Doctor Who franchise. It goes without saying that the development is a significant one for the company but it did not lead to any great enthusiasm from among investors.
The games are going to be made available on both Android and iOS later on this year. Users will be able to play the narrative driven game free of cost and it is going to be developed by East Side Games by deploying its own Game Kit Technology.
Key Quote
“Doctor Who has been capturing the imaginations of people for almost 60 years and we couldn’t be more thrilled and honored to have the opportunity to bring this legendary franchise to mobile,” said Darcy Taylor, Chief Executive Officer of ESGG. “This agreement with BBC Studios allows us to bring a truly iconic, globally recognized franchise to an enduring fan base of new and diehard fans and further strengthens our ‘Super Marquee’ game publishing portfolio.”
