Enthusiast Gaming (TSE:EGLX) Shares Climb 14.3% – Still a Buy?

Enthusiast Gaming Holdings Inc. (TSE:EGLX – Get Free Report) traded up 14.3% during mid-day trading on Thursday. The stock traded as high as C$0.04 and last traded at C$0.04. Approximately 122,582 shares were traded during trading, an increase of 50% from the average session volume of 81,875 shares. The stock had previously closed at C$0.04.

Enthusiast Gaming Trading Up 14.3%

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. The firm has a market cap of C$7.26 million, a P/E ratio of -0.16 and a beta of 1.07. The stock has a fifty day simple moving average of C$0.04 and a 200 day simple moving average of C$0.05.

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.

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