Enthusiast Gaming (TSE:EGLX) Shares Up 7.4% – Should You Buy?

Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) shares traded up 7.4% during mid-day trading on Monday . The company traded as high as C$0.15 and last traded at C$0.15. 157,354 shares changed hands during trading, an increase of 70% from the average session volume of 92,635 shares. The stock had previously closed at C$0.14.

Enthusiast Gaming Price Performance

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 company has a market capitalization of C$22.58 million, a price-to-earnings ratio of -0.25 and a beta of 1.53. The company has a 50-day moving average price of C$0.15 and a 200-day moving average price of C$0.14.

Enthusiast Gaming Company Profile

(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.

Further Reading

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