GameSquare Holdings Inc (NASDAQ: GAME) is -11.33% lower on its value in year-to-date trading and has touched a low of $0.50 and a high of $1.40 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The GAME stock was last observed hovering at around $0.76 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $0.73, the stock is -12.63% and -1.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.2 million and changing -3.77% at the moment leaves the stock -9.30% off its SMA200. GAME registered -29.64% loss for a year compared to 6-month loss of -19.18%.
The stock witnessed a 0.22% gain in the last 1 month and extending the period to 3 months gives it a -8.54%, and is -12.37% 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 4.29% over the week and 5.59% over the month.
GameSquare Holdings Inc (GAME) has around 132 employees, a market worth around $28.47M and $99.58M in sales. Profit margin for the company is -48.85%. Distance from 52-week low is 46.34% and -47.74% from its 52-week high. The company has generated returns on investments over the last 12 months (-215.22%).
with sales reaching $30.09M over the same period.The EPS is expected to grow by 75.98% this year, but quarterly earnings will post 4.39% year-over-year. Quarterly sales are estimated to shrink -23.19% in year-over-year returns.
The shares outstanding are 38.83M, and float is at 20.37M with Short Float at 2.89%.
The top institutional shareholder in the company is B. RILEY FINANCIAL, INC. with over 1.44 million shares valued at $1.73 million. The investor’s holdings represent 4.7423 of the GAME Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 0.21 million shares valued at $0.25 million to account for 0.6969 of the shares outstanding. The other top investors are PATHSTONE HOLDINGS, LLC which holds 0.17 million shares representing 0.5663 and valued at over $0.21 million, while BELLECAPITAL INTERNATIONAL LTD. holds 0.4979 of the shares totaling 0.15 million with a market value of $0.18 million.
GameSquare Holdings Inc (GAME) Insider Activity
The most recent transaction is an insider purchase by Kenna Justin, the company’s CEO & Director. SEC filings show that Kenna Justin bought 10,000 shares of the company’s common stock on Jun 21 ’24 at a price of $1.02 per share for a total of $10200.0. Following the purchase, the insider now owns 0.12 million shares.
GameSquare Holdings Inc disclosed in a document filed with the SEC on Jun 21 ’24 that Schwartz Louis (President and Chairman) bought a total of 10,000 shares of the company’s common stock. The trade occurred on Jun 21 ’24 and was made at $1.02 per share for $10200.0. Following the transaction, the insider now directly holds 0.24 million shares of the GAME stock.
