Enthusiast Gaming (CVE:EGLX) Stock Price Up 2.6% – Here’s Why

Shares of Enthusiast Gaming Holdings Inc (CVE:EGLX) shot up 2.6% during trading on Monday . The stock traded as high as C$1.99 and last traded at C$1.99. 145,725 shares traded hands during trading, a decline of 6% from the average session volume of 154,926 shares. The stock had previously closed at C$1.94.

Enthusiast Gaming Trading Up 2.6 %

The company has a current ratio of 1.24, a quick ratio of 1.11 and a debt-to-equity ratio of 6.49. The stock’s fifty day moving average price is C$1.99 and its two-hundred day moving average price is C$1.99. The stock has a market capitalization of C$101.11 million and a P/E ratio of -15.43.

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.