Enthusiast Gaming (TSE:EGLX) Issues Quarterly Earnings Results

Enthusiast Gaming (TSE:EGLX – Get Free Report) posted its quarterly earnings data on Thursday. The company reported C($0.01) earnings per share for the quarter, FiscalAI reports. The company had revenue of C$9.44 million for the quarter. Enthusiast Gaming had a negative return on equity of 287.94% and a negative net margin of 117.55%.

Enthusiast Gaming Price Performance

Shares of EGLX traded up C$0.01 during mid-day trading on Friday, hitting C$0.05. 5,813 shares of the company were exchanged, compared to its average volume of 89,300. Enthusiast Gaming has a 1-year low of C$0.03 and a 1-year high of C$0.14. The company has a debt-to-equity ratio of 2,565.18, a quick ratio of 1.21 and a current ratio of 0.15. The company has a 50 day moving average of C$0.04 and a 200-day moving average of C$0.04. The stock has a market cap of C$7.96 million, a price-to-earnings ratio of -0.18 and a beta of 1.15.

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About Enthusiast Gaming

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Enthusiast Gaming Holdings Inc is a gaming company building the media platform for video games and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the company is a member of the Comscore 100 ranking of the top Internet Properties in the U.S and the largest in the Gaming Information category on mobile devices. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides a engagement opportunity resulting in more points of connection than any other video game and esports platform, with unparalleled access to the influential and lucrative GenZ and Millennial audience.

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