Enthusiast Gaming (TSE:EGLX) Stock Price Down 3.7% – Time to Sell?

Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) shares dropped 3.7% during trading on Monday . The stock traded as low as C$0.13 and last traded at C$0.13. Approximately 29,625 shares changed hands during mid-day trading, a decline of 48% from the average daily volume of 57,161 shares. The stock had previously closed at C$0.14.

Enthusiast Gaming Stock Performance

The firm’s 50 day moving average is C$0.14 and its 200 day moving average is C$0.15. The company has a debt-to-equity ratio of 17.07, a quick ratio of 1.21 and a current ratio of 0.31. The stock has a market cap of C$20.24 million, a P/E ratio of -0.22 and a beta of 1.53.

About Enthusiast Gaming

(Get Free Report)

Enthusiast Gaming Holdings Inc, an integrated gaming entertainment company, engages in the media, content, entertainment and esports, and subscription businesses in the United States, Canada, England and Wales, and internationally. It owns and operates approximately 50 websites that contain news, reviews, videos, live streams, and other video-gaming related content, and casual games.

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