Enthusiast Gaming (TSE:EGLX) Trading Up 14.3% – Here’s Why

Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) shares traded up 14.3% during trading on Wednesday . The company traded as high as C$0.04 and last traded at C$0.04. Approximately 151,880 shares traded hands during trading, an increase of 84% from the average daily volume of 82,719 shares. The stock had previously closed at C$0.04.

Enthusiast Gaming Stock Performance

The firm has a market capitalization of C$7.26 million, a price-to-earnings ratio of -0.16 and a beta of 1.07. The firm’s 50-day moving average price is C$0.05 and its two-hundred day moving average price is C$0.05. The company has a debt-to-equity ratio of 2,200.89, a quick ratio of 1.21 and a current ratio of 0.09.

Enthusiast Gaming Company Profile

(Get Free Report)

Enthusiast Gaming builds tools, platforms, and experiences that make every moment of play more meaningful. Its portfolio of owned and operated digital properties includes some of the most recognizable names in gaming, such as U.GG, Icy-Veins, TheSimsResource, PocketGamer, Addicting Games, and Fantasy Football Scout, as well as the global B2B event series PocketGamer Connects. Through these assets, Enthusiast Gaming generates revenue from programmatic advertising, subscriptions, and events, and is focused on expanding its owned IP and deepening direct engagement with its audience.

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