Enthusiast Gaming Holdings Inc. Stock News

NEW YORK , Feb. 10, 2022 /PRNewswire/ -- Megadeals within the video gaming space over the last month confirm that content really is king. Technology giant Microsoft just announced the acquisition of Activision Blizzard (NASDAQ: ATVI ) for a whopping $68.7 billion , marking the biggest sale in video game history. The deal, which is far ahead of the takeover of Zynga by Take-Two for $12.7 billion , will make Microsoft Corporation (NASDAQ: MSFT ) the third-largest game company after Sony and Tencent . According to Microsoft CEO, gaming is the most dynamic and exciting category in entertainment and it''s creating exciting opportunities for companies like Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ), Enthusiast Gaming Holdings (TSX: EGLX ) (NASDAQ: EGLX ), and Scientific Games Corporation (NASDAQ: SGMS ) who are focused on providing the growing market with world-class content. Global B2B iGaming technology and content specialist Bragg Gaming Group (NASDAQ: BRAG ) (TSX: BRAG ) is continuing to expand its reach across North America , Latin America and Europe .

Enthusiast Gaming (EGLX) has jumped 20.4% to its highest point in more than a month after putting out preliminary Q1 figures that pointed to more record visitor traffic, and…

Q4 2021 Revenue Expected at $56.9 Million, Year-over-Year Increase of 34% 2021 Annual Revenue Expected at $167.4 Million, Year-over-Year Increase of 130%

Closes in on legacy social media such as Twitter, streaming media such as Netflix, and sports media such as ESPN, for U.S. Gen Z and Millennials Closes in on legacy social media such as Twitter, strea

U.GG desktop app downloaded more than 300,000 times since launch in November 2021 U.GG desktop app downloaded more than 300,000 times since launch in November 2021

e.l.f. Cosmetics Becomes the First Beauty Brand to Co-Create “Rising Stars” e.l.f. Cosmetics Becomes the First Beauty Brand to Co-Create “Rising Stars”

Enthusiast Gaming Holdings Inc. (EGLX) shares closed 5.4% lower than its previous 52 week low, giving the company a market cap of $350M. The stock is currently down 5.1% year-to-date, down 64.6% over the past 12 months, and down 64.6% over the past five years. This week, the Dow Jones Industrial Average rose 1.1%, and the S&P 500 rose 0.1%. Trading Activity Trading volume this week was 29.5% lower than the 20-day average.Beta, a measure of the stocks volatility relative to the overall market stands at 0.0. Technical Indicators The Relative Strength Index (RSI) on the stock was between 30 and 70.MACD, a trend-following momentum indicator, indicates a downward trend.The stock closed above its Bollinger band, indicating it may be overbought. Market Comparative Performance The company's share price is the same as the S&P 500 Index , lags it on a 1-year basis, and lags it on a 5-year basis The company's share price is the same as the Dow Jones Industrial Average , lags it on a 1-year basis, and lags it on a 5-year basis This story was produced by the Kwhen Automated News Generator. For more articles like this, please visit us at finance.kwhen.com. Write to [email protected]. © 2020 Kwhen Inc.

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Equities analysts forecast that Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) will announce $41.26 million in sales for the current quarter, Zacks Investment Research reports. Two analysts have made estimates for Enthusiast Gaming’s earnings. The highest sales estimate is $42.63 million and the lowest is $39.88 million. Enthusiast Gaming posted sales of $32.59 million during the same […]

NEW YORK , Dec. 21, 2021 /PRNewswire/ -- The eSports market has grown at an impressive rate in recent years. Now, companies, eSports teams, and even eSports players themselves are worth millions. Overall, the industry is quite diverse and includes streaming, gaming itself, as well as associated brand deals. Just like traditional professional sports, eSports teams have owners, franchises, endorsement deals, cash prizes from tournament winnings, and more—all contributing to their annual revenue and total valuation. Furthermore, according to data provided by Acumen Research and Consulting , the global eSports market was valued at about USD 1.2 Billion in 2020 and is expected to reach USD 7.1 Billion by 2028 with a considerable CAGR of 25.1% during the forecast period of 2021 to 2028. Intema Solutions Inc. (TSXV: ITM ) (OTC: ITMZF ), DraftKings Inc. (NASDAQ: DKNG ), Activision Blizzard, Inc. (NASDAQ: ATVI ), UbiSoft Entertainment Inc. (OTC: UBSFY ), Enthusiast Gaming Holdings Inc. (NASDAQ: EGLX ).

NEW YORK , Dec. 17, 2021 /PRNewswire/ -- The term "eSports" encompasses regional or international video gaming events in which professional and amateur players compete against one another. According to data provided by Statista , the global eSports market was valued at just over USD 1.08 Billion in 2021, an almost 50% increase from the previous year. Asia and North America currently represent the largest eSports markets in terms of revenue, with China alone accounting for almost one fifth of the market. Overall, the main source of revenue for the industry comes from sponsorships and advertising. The report also indicates that the global eSports audience size reached 474 million people. Furthermore, in the years to come, the market''s audience size is projected to grow, reaching over 577 million viewers worldwide. Intema Solutions Inc. (TSXV: ITM ) (OTC: ITMZF ), Electronic Arts Inc. (NASDAQ: EA ), Super League Gaming, Inc. (NASDAQ: SLGG ), Corsair Gaming, Inc. (NASDAQ: CRSR ), Enthusiast Gaming Holdings Inc. (NASDAQ: EGLX ) A major component of the eSports market is betting.

Enthusiast Gaming (CVE:EGLX) had its target price trimmed by Alliance Global Partners from C$10.00 to C$9.00 in a research report released on Wednesday morning, BayStreet.CA reports. EGLX has been the topic of a number of other research reports. Royal Bank of Canada set a C$9.00 price target on Enthusiast Gaming and gave the company an []

Enthusiast Gaming Holdings Inc. (NASDAQ:EGLX) price on Friday, December 10, fall -5.01% below its previous days close as a downside momentum from buyers pushed the stocks value to $3.22. A look at the stocks price movement, the close in the last trading session was $3.39, moving within a range at $3.18 and $3.50. Turning to Enthusiast Gaming Holdings Inc. (EGLX) With A Potential Upside Of More Than -272.67% Read More »

Enthusiast Gaming: When High Growth Moonlights As A Value Stock

TORONTO, Dec. 06, 2021 (GLOBE NEWSWIRE) -- Enthusiast Gaming Holdings Inc. (Enthusiast Gaming or the Company) (NASDAQ:EGLX; TSX:EGLX), a media and content platform for video game and esports fans to connect and engage, is pleased to announce the appointment of Nicole Musicco to its Board of Directors (the Board), effective immediately.