GameSquare Holdings Inc (NASDAQ: GAME) is 72.80% higher on its value in year-to-date trading and has touched a low of $0.50 and a high of $1.69 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 GAME stock was last observed hovering at around $1.54 in the last trading session, with the day’s gains setting it 0.62%.
Currently trading at $2.16, the stock is 135.74% and 161.77% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 87.08 million and changing 40.26% at the moment leaves the stock 167.10% off its SMA200. GAME registered 161.77% gain for a year compared to 6-month loss of 147.99%. The firm has a 50-day simple moving average (SMA 50) of $0.82516 and a 200-day simple moving average (SMA200) of $0.80871.
The stock witnessed a 154.09% gain in the last 1 month and extending the period to 3 months gives it a 242.86%, and is 153.52% up 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 35.00% over the week and 15.42% over the month.
GameSquare Holdings Inc (GAME) has around 132 employees, a market worth around $84.51M and $99.58M in sales. Profit margin for the company is -48.85%. Distance from 52-week low is 332.00% and 27.81% 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.
38.0 institutions hold shares in GameSquare Holdings Inc (GAME), with institutional investors hold 11.16% of the company’s shares. The shares outstanding are 38.83M, and float is at 20.48M with Short Float at 2.76%. Institutions hold 7.13% of the Float.
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.
