Gamestop Corporation (NYSE: GME) is 42.44% 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 $25.88 in the last trading session, with the day’s loss setting it -0.91%.
Currently trading at $24.97, the stock is -0.71% and -2.70% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.55 million and changing -3.52% at the moment leaves the stock 47.38% off its SMA200. GME registered 7.77% gain for a year compared to 6-month gain of 74.74%.
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The stock witnessed a 1.09% loss in the last 1 month and extending the period to 3 months gives it a 142.19%, and is -4.15% 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 7.55% over the week and 7.03% over the month.
Gamestop Corporation (GME) has around 8000 employees, a market worth around $10.64B and $4.92B in sales. Current P/E ratio is 306.38. Profit margin for the company is 0.51%. Distance from 52-week low is 150.95% and -61.48% from its 52-week high. The company has generated returns on investments over the last 12 months (1.46%).
The EPS is expected to shrink by -266.67% this year.
Gamestop Corporation (GME) Top Institutional Holders
The shares outstanding are 426.22M, and float is at 388.27M with Short Float at 10.81%.
Gamestop Corporation (GME) Insider Activity
The most recent transaction is an insider purchase by Cheng Lawrence,the company’sDirector. SEC filings show that Cheng Lawrence bought 4,140 shares of the company’s common stock on Jul 08 ’24 at a price of $24.85 per share for a total of $0.1 million. Following the purchase, the insider now owns 69228.0 shares.
Gamestop Corporation disclosed in a document filed with the SEC on Jul 02 ’24 that Robinson Mark Haymond (General Counsel and Secretary) sold a total of 565 shares of the company’s common stock. The trade occurred on Jul 02 ’24 and was made at $23.43 per share for $13239.0. Following the transaction, the insider now directly holds 59594.0 shares of the GME stock.
Still, SEC filings show that on Jul 02 ’24, Moore Daniel William (PFO and PAO) disposed off 403 shares at an average price of $23.43 for $9443.0. The insider now directly holds 39,252 shares of Gamestop Corporation (GME).
