Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFS) Stock Price Down 9.5% – Here’s What Happened

Global Daily Fantasy Sports Inc. (DFS.V) (CVE:DFS)’s share price fell 9.5% during mid-day trading on Wednesday . The company traded as low as C$0.28 and last traded at C$0.28. 132,200 shares changed hands during mid-day 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) Trading Down 9.5%

The firm has a market capitalization of C$50.20 million and a P/E ratio of -10.18. The business’s 50 day simple moving average is C$0.29 and its two-hundred day simple moving average is C$0.28.

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. Global Daily Fantasy Sports Inc was incorporated in 1985 and is based in Vancouver, Canada.