Enthusiast Gaming (TSE:EGLX) Trading Down 4.7%

Shares of Enthusiast Gaming Holdings Inc. (TSE:EGLX – Get Rating) fell 4.7% during mid-day trading on Friday . The stock traded as low as C$0.81 and last traded at C$0.82. 326,211 shares were traded during mid-day trading, an increase of 25% from the average session volume of 260,377 shares. The stock had previously closed at C$0.86.

Analyst Upgrades and Downgrades

Separately, Haywood Securities dropped their price target on Enthusiast Gaming from C$5.00 to C$4.00 in a research report on Wednesday, November 16th.

Enthusiast Gaming Price Performance

The company has a debt-to-equity ratio of 8.06, a quick ratio of 1.21 and a current ratio of 1.27. The company has a 50-day simple moving average of C$0.94 and a 200-day simple moving average of C$1.04. The company has a market cap of C$123.87 million, a price-to-earnings ratio of -1.37 and a beta of 1.49.

Enthusiast Gaming Company Profile

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Enthusiast Gaming Holdings Inc engages in the media, content, entertainment, and esports businesses the United States, Canada, and internationally. The company operates an online network of approximately 100 gaming related websites; owns and operates Enthusiast Gaming Live Expo, a video-gaming expo; provides management and support services to players involved in professional gaming; owns and manages esports teams for various games comprising Call of Duty, Madden NFL, Fortnite, Overwatch, Super Smash Bros., Rocket League, and Valorant; and produces and programs approximately 30 weekly shows across AVOD and OTT channels, and represents approximately 500 gaming influencers on YouTube and Twitch.