Enthusiast Gaming (CVE:EGLX) Price Target Cut to C$0.10 by Analysts at Canaccord Genuity Group

Enthusiast Gaming (CVE:EGLX) had its target price cut by Canaccord Genuity Group from C$0.15 to C$0.10 in a research note published on Tuesday morning,BayStreet.CA reports. They currently have a hold rating on the stock.

Enthusiast Gaming Price Performance

Shares of CVE EGLX opened at C$1.99 on Tuesday. Enthusiast Gaming has a fifty-two week low of C$0.92 and a fifty-two week high of C$2.85. The company has a debt-to-equity ratio of 6.49, a quick ratio of 1.11 and a current ratio of 1.24. The firm’s 50-day simple moving average is C$1.99 and its 200 day simple moving average is C$1.99. The stock has a market cap of C$101.11 million and a price-to-earnings ratio of -15.43.

Enthusiast Gaming Company Profile

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.