Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFS) Stock Price Down 9.5% – Time to Sell?

Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFS) dropped 9.5% during trading on Wednesday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 132,200 shares changed hands during mid-day trading, a decline of 73% from the average daily volume of 489,596 shares. The stock had previously closed at C$0.32.

Global Daily Fantasy Sports Inc. (DFS.V) Trading Down 9.5%

The firm has a market capitalization of C$50.20 million and a P/E ratio of -10.18. The company’s fifty day simple moving average is C$0.29 and its 200 day simple moving average is C$0.28.

About Global Daily Fantasy Sports Inc. (DFS.V)

Global Daily Fantasy Sports Inc operates in daily fantasy sports (DFS) industry. It offers DFS software and network, which enables its licensed customers to offer a customized and branded DFS product to their end users. The company was formerly known as Lariat Energy Ltd. and changed its name to Global Daily Fantasy Sports Inc in June 2016. Global Daily Fantasy Sports Inc was incorporated in 1985 and is based in Vancouver, Canada.