Gamestop Corporation (NYSE: GME) kicked off on Friday, down -4.61% from the previous trading day, before settling in for the closing price of $11.29. Over the past 52 weeks, GME has traded in a range of $10.73-$27.65.
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Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -7.52%. While this was happening, its average annual earnings per share was recorded -83.33%. With a float of $266.65 million, this company’s outstanding shares have now reached $305.70 million.
Considering the fact that the conglomerate employs 8000 people, you should pay attention to its efficiency factor.
Gamestop Corporation (GME) Insider Activity
Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of Gamestop Corporation is 12.82%, while institutional ownership is 29.37%. The most recent insider transaction that took place on Apr 08 ’24, was worth 112,238. In this transaction Director of this company bought 10,000 shares at a rate of $11.22, taking the stock ownership to the 65,088 shares. Before that another transaction happened on Apr 08 ’24, when Company’s PFO and PAO sold 526 for $11.25, making the entire transaction worth $5,918. This insider now owns 21,385 shares in total.
Gamestop Corporation (GME) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of 154.63 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -83.33% per share during the next fiscal year.
Gamestop Corporation (NYSE: GME) Trading Performance Indicators
Take a look at Gamestop Corporation’s (GME) current performance indicators. Last quarter, stock had a quick ratio of 1.44. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.02, a number that is poised to hit -0.09 in the next quarter and is forecasted to reach 0.07 in one year’s time.
Technical Analysis of Gamestop Corporation (GME)
Compared to the last year’s volume of 3.84 million, its volume of 3.55 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 12.31%. Additionally, its Average True Range was 0.72.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 0.51%, which indicates a significant decrease from 0.82% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 103.31% in the past 14 days, which was higher than the 77.27% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $13.62, while its 200-day Moving Average is $16.24. Nevertheless, the first resistance level for the watch stands at $11.08 in the near term. At $11.39, the stock is likely to face the second major resistance level. The third major resistance level sits at $11.55. If the price goes on to break the first support level at $10.61, it is likely to go to the next support level at $10.45. Should the price break the second support level, the third support level stands at $10.14.
Gamestop Corporation (NYSE: GME) Key Stats
The company with the Market Capitalisation of 3.29 billion has total of 305,873K Shares Outstanding. Its annual sales at the moment are 5,273 M in contrast with the sum of 6,700 K annual income. Company’s last quarter sales were recorded 1,794 M and last quarter income was 63,100 K.
