Engagement Labs (CVE:EL) Shares Down 9.5%

Engagement Labs Inc (CVE:EL) was down 9.5% during mid-day trading on Wednesday . The stock traded as low as C$0.10 and last traded at C$0.10, approximately 640,500 shares traded hands during mid-day trading. An increase of 63% from the average daily volume of 392,805 shares. The stock had previously closed at C$0.11.

The firm’s 50-day moving average is C$0.06. The company has a current ratio of 0.68, a quick ratio of 0.56 and a debt-to-equity ratio of 908.67. The firm has a market capitalization of $17.73 million and a P/E ratio of -1.75.

Engagement Labs (CVE:EL) last posted its quarterly earnings results on Thursday, May 30th. The company reported C($0.01) earnings per share (EPS) for the quarter. The firm had revenue of C$0.91 million for the quarter. Equities research analysts predict that Engagement Labs Inc will post -0.08 earnings per share for the current year.

About Engagement Labs (CVE:EL)

Engagement Labs Inc provides intelligent data, analytics, and insights for marketers and organizations to track, measure, and benchmark the conversations happening around a brand or industry. The company offers TotalSocial, a platform to measure online and offline conversations in a single scoring system comprising TotalSocial SCORECARD for scores and metrics through an online portal; TotalSocial DIAGNOSTICS for dedicated account management; and TotalSocial PREDICT for modeling the impact on business.

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