Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) went down by -13.21% from its latest closing price compared to the recent 1-year high of $8.88. The company’s stock price has collected -5.27% of loss in the last five trading sessions. Press Release reported on 04/20/21 that Enthusiast Gaming to Commence Trading on Nasdaq
Is It Worth Investing in Enthusiast Gaming Holdings Inc. (NASDAQ :EGLX) Right Now?
Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Enthusiast Gaming Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $12.33. EGLX currently public float of 84.41M. Today, the average trading volume of EGLX was 395.77K shares.
EGLX’s Market Performance
EGLX stocks went down by -5.27% for the week, with a monthly drop of -16.98% and a quarterly performance of 4.98%, while its annual performance rate touched 433.62%. The volatility ratio for the week stands at 7.62% while the volatility levels for the past 30 days are set at 7.88% for Enthusiast Gaming Holdings Inc.. The simple moving average for the period of the last 20 days is -7.27% for EGLX stocks with a simple moving average of 43.98% for the last 200 days.
EGLX Trading at -16.48% from the 50-Day Moving Average
After a stumble in the market that brought EGLX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -31.19% of loss for the given period.
Volatility was left at 7.88%, however, over the last 30 days, the volatility rate increased by 7.62%, as shares sank -17.65% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.71% lower at present.
During the last 5 trading sessions, EGLX fell by -5.27%, which changed the moving average for the period of 200-days by +321.38% in comparison to the 20-day moving average, which settled at $6.52. In addition, Enthusiast Gaming Holdings Inc. saw 71.23% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for EGLX
Current profitability levels for the company are sitting at:
- -23.46 for the present operating margin
- +4.78 for the gross margin
The net margin for Enthusiast Gaming Holdings Inc. stands at -36.91. The total capital return value is set at -10.44, while invested capital returns managed to touch -16.93.
Based on Enthusiast Gaming Holdings Inc. (EGLX), the company’s capital structure generated 27.42 points at debt to equity in total, while total debt to capital is 21.52. Total debt to assets is 17.49, with long-term debt to equity ratio resting at 20.81. Finally, the long-term debt to capital ratio is 16.33.
When we switch over and look at the enterprise to sales, we see a ratio of 5.67, with the company’s debt to enterprise value settled at 0.09. The receivables turnover for the company is 4.88 and the total asset turnover is 0.37. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.79.