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The latest update is out from Enthusiast Gaming Holdings ( (TSE:EGLX) ).
Enthusiast Gaming hosted its 12th annual Pocket Gamer Connects Helsinki, the largest B2B games event in the Nordics, attracting over 1,350 industry professionals from 44 countries. The event provided significant networking and business development opportunities, featuring 172 speakers across 22 content tracks and three summits, including new additions focusing on AI and transmedia. The conference series, owned by Enthusiast Gaming, continues to be a pivotal platform for the global games industry, fostering innovation and collaboration among key stakeholders.
The most recent analyst rating on (TSE:EGLX) stock is a Buy with a C$0.30 price target. To see the full list of analyst forecasts on Enthusiast Gaming Holdings stock, see the TSE:EGLX Stock Forecast page.
Spark’s Take on TSE:EGLX Stock
According to Spark, TipRanks’ AI Analyst, TSE:EGLX is a Underperform.
The overall stock score is heavily influenced by the company’s poor financial performance, characterized by declining revenues and persistent losses. Technical analysis indicates a bearish trend, with the stock trading below key moving averages. Valuation metrics are weak, with a negative P/E ratio and no dividend yield, further impacting the score.
To see Spark’s full report on TSE:EGLX stock, click here.
More about Enthusiast Gaming Holdings
Enthusiast Gaming Holdings Inc. is a leading digital publisher focused on building tools, platforms, and experiences for gamers. The company owns and operates a portfolio of recognizable gaming brands and generates revenue through programmatic advertising, subscriptions, and events. It is committed to expanding its intellectual property and enhancing direct engagement with its audience.
Average Trading Volume: 134,906
Technical Sentiment Signal: Sell
Current Market Cap: C$11.94M
For an in-depth examination of EGLX stock, go to TipRanks’ Overview page.