Enthusiast Gaming (CVE:EGLX) Trading Up 1.4%

Enthusiast Gaming Holdings Inc (CVE:EGLX)’s stock price was up 1.4% during mid-day trading on Tuesday . The company traded as high as C$1.52 and last traded at C$1.50, approximately 117,220 shares changed hands during mid-day trading. A decline of 42% from the average daily volume of 201,994 shares. The stock had previously closed at C$1.48.

The firm has a market capitalization of $71.21 million and a P/E ratio of -3.28. The company has a quick ratio of 4.29, a current ratio of 4.43 and a debt-to-equity ratio of 216.89. The company’s 50 day moving average price is C$1.61.

About Enthusiast Gaming (CVE:EGLX)

Enthusiast Gaming Holdings Inc, a digital media company, develops and operates an online community of video gamers worldwide. As of February 6, 2019, the company had a platform of approximately 80 owned and affiliated Websites. It also owns and operates Enthusiast Gaming Live Expo, a gaming expo. The company was founded in 2014 and is based in Toronto, Canada.

Further Reading: What Does a Sell-Side Analyst Rating Mean?

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