In last trading session, Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) saw 0.24 million shares changing hands with its beta currently measuring 1.66. Company’s recent per share price level of $0.61 trading at $0.06 or 11.31% at ring of the bell on the day assigns it a market valuation of $128.87M. That closing price of EGLX’s stock is at a discount of -618.03% from its 52-week high price of $4.38 and is indicating a premium of 13.11% from its 52-week low price of $0.53. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.28 million shares which gives us an average trading volume of 310.87K if we extend that period to 3-months.
Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) trade information
Upright in the green during last session for gaining 11.31%, in the last five days EGLX remained trading in the red while hitting it’s week-highest on Wednesday, 11/23/22 when the stock touched $0.61 price level, adding 4.66% to its value on the day. Enthusiast Gaming Holdings Inc.’s shares saw a change of -79.18% in year-to-date performance and have moved -3.51% in past 5-day. Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) showed a performance of -10.56% in past 30-days. Number of shares sold short was 2.05 million shares which calculate 8.59 days to cover the short interests.
Enthusiast Gaming Holdings Inc. (EGLX) estimates and forecasts
Statistics highlight that Enthusiast Gaming Holdings Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -70.71% of value to its shares in past 6 months, showing an annual growth rate of 44.12% while that of industry is 2.50. Apart from that, the company came raising its revenue forecast for fiscal year 2022.
Enthusiast Gaming Holdings Inc. is more likely to be releasing its next quarterly report on November 14 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.
Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX)’s Major holders
Insiders are in possession of 14.45% of company’s total shares while institution are holding 9.60 percent of that, with stock having share float percentage of 11.22%. Investors also watch the number of corporate investors in a company very closely, which is 9.60% institutions for Enthusiast Gaming Holdings Inc. that are currently holding shares of the company. Boothbay Fund Management, LLC is the top institutional holder at EGLX for having 2.58 million shares of worth $1.58 million. And as of Sep 29, 2022, it was holding 1.71% of the company’s outstanding shares.
The second largest institutional holder is G2 Investment Partners Management LLC, which was holding about 1.24 million shares on Sep 29, 2022. The number of shares represents firm’s hold over 0.82% of outstanding shares, having a total worth of $0.76 million.
On the other hand, Listed Funds Tr-Roundhill BITKRAFT Esports & Digital Entertainment ETF and TIAA-CREF Funds-Quant International Small Cap Equity Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 0.58 million shares of worth $0.35 million or 0.38% of the total outstanding shares. The later fund manager was in possession of 0.48 million shares on Jul 30, 2022, making its stake of worth around $0.29 million in the company or a holder of 0.32% of company’s stock.