Shares of Enthusiast Gaming Holdings Inc. (TSE:EGLX – Get Free Report) fell 16.7% during trading on Monday. The company traded as low as C$0.03 and last traded at C$0.03. 349,518 shares changed hands during trading, an increase of 333% from the average session volume of 80,744 shares. The stock had previously closed at C$0.03.
Enthusiast Gaming Stock Up 16.7%
The company has a debt-to-equity ratio of 2,200.89, a current ratio of 0.09 and a quick ratio of 1.21. The firm has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.05. The stock has a market capitalization of C$6.35 million, a P/E ratio of -0.16 and a beta of 1.09.
About Enthusiast Gaming
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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