Enthusiast Gaming (TSE:EGLX) Stock Price Up 14.3% – Here’s Why

Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) shares were up 14.3% during trading on Wednesday . The stock traded as high as C$0.04 and last traded at C$0.04. 151,880 shares changed hands during mid-day trading, an increase of 84% from the average session volume of 82,719 shares. The stock had previously closed at C$0.04.

Enthusiast Gaming Stock Performance

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 stock’s 50-day simple moving average is C$0.05 and its two-hundred day simple moving average is C$0.05. The stock has a market cap of C$7.26 million, a price-to-earnings ratio of -0.16 and a beta of 1.07.

Enthusiast Gaming Company Profile

(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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