Enthusiast Gaming (CVE:EGLX) Stock Price Up 2.6%

Enthusiast Gaming Holdings Inc (CVE:EGLX)’s stock price traded up 2.6% during mid-day trading on Friday . The company traded as high as C$1.99 and last traded at C$1.99. 145,725 shares changed hands during mid-day trading, a decline of 6% from the average session volume of 154,926 shares. The stock had previously closed at C$1.94.

Analyst Ratings Changes

Separately, Haywood Securities lowered their target price on Enthusiast Gaming from C$0.50 to C$0.35 in a research note on Friday, May 17th.

Enthusiast Gaming Stock Up 2.6 %

The firm’s fifty day simple moving average is C$1.99 and its 200 day simple moving average is C$1.99. The company has a market cap of C$101.11 million and a price-to-earnings ratio of -15.43. The company has a current ratio of 1.24, a quick ratio of 1.11 and a debt-to-equity ratio of 6.49.

About Enthusiast Gaming

Enthusiast Gaming Holdings Inc, a digital media company, develops and operates an online community of video gamers worldwide. As of February 6, 2019, the company had a platform of approximately 80 owned and affiliated Websites. It also owns and operates Enthusiast Gaming Live Expo, a gaming expo. The company was founded in 2014 and is based in Toronto, Canada.