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

Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFS)’s share price was down 9.5% during mid-day trading on Friday . The stock traded as low as C$0.29 and last traded at C$0.29. Approximately 132,200 shares traded hands during 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) Price Performance

The company has a market capitalization of C$50.20 million and a price-to-earnings ratio of -10.18. The business’s 50 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.