Enthusiast Gaming (TSE:EGLX) Posts Earnings Results

Enthusiast Gaming (TSE:EGLX) posted its quarterly earnings results on Thursday. The company reported C($0.01) EPS for the quarter, FiscalAI reports. Enthusiast Gaming had a negative net margin of 117.55% and a negative return on equity of 287.94%. The company had revenue of C$9.44 million during the quarter.

Enthusiast Gaming Trading Down 10.0%

Shares of EGLX traded down C$0.01 during midday trading on Friday, reaching C$0.05. The company had a trading volume of 8,813 shares, compared to its average volume of 88,425. Enthusiast Gaming has a 1-year low of C$0.03 and a 1-year high of C$0.14. The company has a quick ratio of 1.21, a current ratio of 0.15 and a debt-to-equity ratio of 2,565.18. The firm has a 50 day simple moving average of C$0.04 and a 200-day simple moving average of C$0.04. The stock has a market cap of C$7.16 million, a PE ratio of -0.16 and a beta of 1.15.

Enthusiast Gaming Company Profile

Enthusiast Gaming Holdings Inc is a gaming company building the media platform for video games and esports fans to connect and engage worldwide. Reaching over 300 million gamers every month, the company is a member of the Comscore 100 ranking of the top Internet Properties in the U.S and the largest in the Gaming Information category on mobile devices. Combining the elements of its four core pillars; Media, Talent, Esports and Experiential, Enthusiast Gaming provides a engagement opportunity resulting in more points of connection than any other video game and esports platform, with unparalleled access to the influential and lucrative GenZ and Millennial audience.