Enthusiast Gaming Holdings Inc. (TSE:EGLX – Get Free Report) shares rose 20% during mid-day trading on Thursday. The stock traded as high as C$0.04 and last traded at C$0.03. Approximately 109,131 shares traded hands during trading, an increase of 33% from the average daily volume of 81,896 shares. The stock had previously closed at C$0.03.
Enthusiast Gaming Stock Performance
The stock’s 50 day moving average is C$0.04 and its two-hundred day moving average is C$0.05. The firm has a market capitalization of C$5.45 million, a P/E ratio of -0.16 and a beta of 1.09. The company has a debt-to-equity ratio of 2,200.89, a current ratio of 0.09 and a quick ratio of 1.21.
Enthusiast Gaming Company Profile
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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