Enthusiast Gaming (TSE:EGLX) Trading 9.7% Higher – Still a Buy?

Shares of Enthusiast Gaming Holdings Inc. (TSE:EGLXGet Free Report) shot up 9.7% during trading on Thursday . The company traded as high as C$0.17 and last traded at C$0.17. 603,355 shares were traded during mid-day trading, an increase of 290% from the average session volume of 154,557 shares. The stock had previously closed at C$0.16.

Enthusiast Gaming Price Performance

The company’s fifty day moving average is C$0.15 and its two-hundred day moving average is C$0.14. The company has a debt-to-equity ratio of 17.07, a quick ratio of 1.21 and a current ratio of 0.31. The firm has a market cap of C$24.92 million, a price-to-earnings ratio of -0.27 and a beta of 1.53.

About Enthusiast Gaming

(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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