Enthusiast Gaming Holdings Inc. (TSE:EGLX – Get Free Report)’s share price rose 14.3% during mid-day trading on Thursday. The stock traded as high as C$0.04 and last traded at C$0.04. 122,582 shares changed hands during mid-day trading, an increase of 50% from the average daily volume of 81,875 shares. The stock had previously closed at C$0.04.
Enthusiast Gaming Stock Up 14.3%
The firm’s 50 day simple moving average is C$0.04 and its 200-day simple moving average is C$0.05. The company has a market capitalization of C$7.26 million, a price-to-earnings ratio of -0.16 and a beta of 1.07. The company has a current ratio of 0.09, a quick ratio of 1.21 and a debt-to-equity ratio of 2,200.89.
About Enthusiast Gaming
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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