Enthusiast Gaming (TSE:EGLX) Shares Down 18.8% – What’s Next?

Shares of Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) fell 18.8% on Friday . The company traded as low as C$0.06 and last traded at C$0.07. 314,779 shares traded hands during trading, an increase of 208% from the average session volume of 102,038 shares. The stock had previously closed at C$0.08.

Enthusiast Gaming Price Performance

The stock has a fifty day moving average of C$0.07 and a two-hundred day moving average of C$0.12. The stock has a market cap of C$9.95 million, a price-to-earnings ratio of -0.09 and a beta of 1.53. The company has a quick ratio of 1.21, a current ratio of 0.31 and a debt-to-equity ratio of 17.07.

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.

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