Gamestop Corporation (NYSE: GME) is 37.93% higher on its value in year-to-date trading and has touched a low of $9.95 and a high of $64.83 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The GME stock was last observed hovering at around $24.37 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $24.18, the stock is -10.21% and 5.41% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 11.66 million and changing -0.78% at the moment leaves the stock 46.51% off its SMA200. GME registered 1.17% gain for a year compared to 6-month gain of 44.88%.
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The stock witnessed a -8.75% loss in the last 1 month and extending the period to 3 months gives it a 109.71%, and is -3.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 6.01% over the week and 19.05% over the month.
Gamestop Corporation (GME) has around 8000 employees, a market worth around $10.31B and $4.92B in sales. Current P/E ratio is 296.69. Profit margin for the company is 0.51%. Distance from 52-week low is 143.02% and -62.70% from its 52-week high. The company has generated returns on investments over the last 12 months (1.46%).
with sales reaching $895.67M over the same period.The EPS is expected to shrink by -266.67% this year, but quarterly earnings will post -19.30% year-over-year.
Gamestop Corporation (GME) Top Institutional Holders
The shares outstanding are 426.22M, and float is at 388.27M with Short Float at 11.52%.
Gamestop Corporation (GME) Insider Activity
The most recent transaction is an insider sale by Robinson Mark Haymond,the company’sGeneral Counsel and Secretary. SEC filings show that Robinson Mark Haymond sold 565 shares of the company’s common stock on Jul 02 ’24 at a price of $23.43 per share for a total of $13239.0. Following the sale, the insider now owns 59594.0 shares.
Gamestop Corporation disclosed in a document filed with the SEC on Jul 02 ’24 that Moore Daniel William (PFO and PAO) sold a total of 403 shares of the company’s common stock. The trade occurred on Jul 02 ’24 and was made at $23.43 per share for $9443.0. Following the transaction, the insider now directly holds 39252.0 shares of the GME stock.
Still, SEC filings show that on Jun 13 ’24, Robinson Mark Haymond (General Counsel and Secretary) disposed off 2,215 shares at an average price of $26.33 for $58326.0. The insider now directly holds 48,408 shares of Gamestop Corporation (GME).
