Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) went up by 5.91% from its latest closing price compared to the recent 1-year high of $8.88. The company’s stock price has collected 16.22% of gains in the last five trading sessions.
Is It Worth Investing in Enthusiast Gaming Holdings Inc. (NASDAQ :EGLX) Right Now?
Opinions of the stock are interesting as 9 analysts out of 9 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 $9.81. EGLX currently public float of 103.02M and currently shorts hold a 0.65% ratio of that float. Today, the average trading volume of EGLX was 848.54K shares.
EGLX’s Market Performance
EGLX stocks went up by 16.22% for the week, with a monthly jump of 42.86% and a quarterly performance of -3.37%, while its annual performance rate touched 83.08%. The volatility ratio for the week stands at 12.76% while the volatility levels for the past 30 days are set at 10.65% for Enthusiast Gaming Holdings Inc.. The simple moving average for the period of the last 20 days is 25.19% for EGLX stocks with a simple moving average of -20.95% for the last 200 days.
Analysts’ Opinion of EGLX
H.C. Wainwright, on the other hand, stated in their research note that they expect to see EGLX reach a price target of $10. The rating they have provided for EGLX stocks is “Buy” according to the report published on June 23rd, 2021.
EGLX Trading at 22.06% 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 -51.58% of loss for the given period.
Volatility was left at 10.65%, however, over the last 30 days, the volatility rate increased by 12.76%, as shares surge +44.78% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +7.50% upper at present.
During the last 5 trading sessions, EGLX rose by +16.22%, which changed the moving average for the period of 200-days by -10.42% in comparison to the 20-day moving average, which settled at $3.50. In addition, Enthusiast Gaming Holdings Inc. saw 20.51% 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 4.79, 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.