GameSquare (CVE:GAME) Shares Up 5.9% – Should You Buy?

GameSquare Holdings, Inc. (CVE:GAME) shares were up 5.9% on Wednesday . The company traded as high as C$1.86 and last traded at C$1.80. Approximately 2,525 shares changed hands during mid-day trading, a decline of 65% from the average daily volume of 7,242 shares. The stock had previously closed at C$1.70.

GameSquare Stock Performance

The company has a market cap of C$38.37 million, a price-to-earnings ratio of -1.52 and a beta of 0.76. The stock’s fifty day simple moving average is C$1.80 and its two-hundred day simple moving average is C$1.80. The company has a debt-to-equity ratio of 86.15, a quick ratio of 0.82 and a current ratio of 0.61.

About GameSquare

GameSquare Holdings Inc operates as a vertically integrated digital media, entertainment, and technology company with an audience of approximately 290 million followers. Its audience and platform enable global brands to connect with gaming and youth culture audiences. The company's end-to-end platform includes Code Red Esports Ltd., an esports talent agency serving the U.K.; GCN, a digital media company focusing on the gaming and esports audience in Los Angeles, U.SA; Zoned, a gaming and lifestyle marketing agency in Los Angeles, U.SA; Complexity Gaming, a esports organization operating in the United States; Fourth Frame Studios, a multidisciplinary creative production studio; and Mission Supply, a merchandise and consumer products business; Frankly Media, programmatic advertising, Stream Hatchet, in live gaming and esports streaming analytics, and Sideqik a social influencer marketing platform.