Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFS) Trading Down 9.5% – Time to Sell?

Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFSGet Free Report) traded down 9.5% on Wednesday . The company traded as low as C$0.29 and last traded at C$0.29. 132,200 shares traded hands during trading, a decline of 73% from the average session volume of 489,596 shares. The stock had previously closed at C$0.32.

Global Daily Fantasy Sports Inc. (DFS.V) Price Performance

The stock’s 50 day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.28. The firm has a market cap of C$50.20 million and a P/E ratio of -10.18.

Global Daily Fantasy Sports Inc. (DFS.V) Company Profile

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Global Daily Fantasy Sports Inc operates in daily fantasy sports (DFS) industry. It offers DFS software and network, which enables its licensed customers to offer a customized and branded DFS product to their end users. The company was formerly known as Lariat Energy Ltd. and changed its name to Global Daily Fantasy Sports Inc in June 2016.

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