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

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

Global Daily Fantasy Sports Inc. (DFS.V) Stock Performance

The firm has a 50-day moving average price of C$0.29 and a 200-day moving average price of C$0.28. The stock has a market cap of C$50.20 million and a P/E ratio of -10.18.

Global Daily Fantasy Sports Inc. (DFS.V) Company Profile

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.