Enthusiast Gaming (TSE:EGLX) Trading Down 12.5% – Should You Sell?

Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) traded down 12.5% on Monday . The company traded as low as C$0.04 and last traded at C$0.04. Approximately 172,891 shares traded hands during trading, an increase of 110% from the average daily volume of 82,331 shares. The stock had previously closed at C$0.04.

Enthusiast Gaming Stock Performance

The stock has a market cap of C$6.35 million, a price-to-earnings ratio of -0.16 and a beta of 1.07. The company’s 50 day simple moving average is C$0.05 and its 200 day simple moving average 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.

About Enthusiast Gaming

(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.

Further Reading

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