Enthusiast Gaming Holdings Inc. (TSE:EGLX – Get Free Report) shares were down 12.5% during trading on Monday . The company traded as low as C$0.03 and last traded at C$0.04. 799,921 shares traded hands during mid-day trading, an increase of 885% from the average daily volume of 81,207 shares. The stock had previously closed at C$0.04.
Enthusiast Gaming Stock Down 12.5%
The business has a 50-day moving average price of C$0.05 and a 200-day moving average price of C$0.05. The stock has a market cap of C$6.35 million, a PE 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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