For the readers interested in the stock health of Enthusiast Gaming Holdings Inc. (EGLX). It is currently valued at $0.98. When the transactions were called off in the previous session, Stock hit the highs of $1.12, after setting-off with the price of $1.12. Company’s stock value dipped to $0.9601 during the trading on the day. When the trading was stopped its value was $1.12.Recently in News on September 19, 2022, Enthusiast Gaming Secures $10 Million Expansion of Credit Facility. Enthusiast Gaming Holdings Inc. (“Enthusiast Gaming” or the “Company”) (NASDAQ:EGLX; TSX:EGLX), an integrated gaming entertainment company, today announced that it has secured an expansion of its existing term credit facility by way of amendment, increasing the size of the facility from $10 million to $20 million (the “Facility”). You can read further details here
Enthusiast Gaming Holdings Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $3.7700 on 02/15/22, with the lowest value was $0.9601 for the same time period, recorded on 09/22/22.
Enthusiast Gaming Holdings Inc. (EGLX) full year performance was -73.34%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Enthusiast Gaming Holdings Inc. shares are logging -79.30% during the 52-week period from high price, and -10.82% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $1.10 and $4.74.
The company’s shares, operating in the sector of Communication Services managed to top a trading volume set approximately around 1063603 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Enthusiast Gaming Holdings Inc. (EGLX) recorded performance in the market was -66.63%, having the revenues showcasing -55.41% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 197.34M, as it employees total of 60 workers.
Specialists analysis on Enthusiast Gaming Holdings Inc. (EGLX)
During the last month, 0 analysts gave the Enthusiast Gaming Holdings Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 1.8192, with a change in the price was noted -0.97. In a similar fashion, Enthusiast Gaming Holdings Inc. posted a movement of -49.69% for the period of last 100 days, recording 370,549 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for EGLX is recording 0.04 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.03.
Trends and Technical analysis: Enthusiast Gaming Holdings Inc. (EGLX)
Raw Stochastic average of Enthusiast Gaming Holdings Inc. in the period of last 50 days is set at 1.83%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 3.60%. In the last 20 days, the company’s Stochastic %K was 4.99% and its Stochastic %D was recorded 8.07%.
Now, considering the stocks previous presentation, multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -66.63%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -67.52%, alongside a downfall of -73.34% for the period of the last 12 months. The shares increased approximately by -20.24% in the 7-day charts and went up by -30.43% in the period of the last 30 days. Common stock shares were lifted by -55.41% during last recorded quarter.