On Monday, Gamestop Corporation (NYSE: GME) opened lower -3.83% from the last session, before settling in for the closing price of $22.21. Price fluctuations for GME have ranged from $9.95 to $64.83 over the past 52 weeks.
Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.
Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!
Get the FREE Report with all the details here.
Sponsored
Over the past five-year period, the drop rate of yearbook sales for the company of the Consumer Cyclical sector was -7.52%. Company’s average yearly earnings per share was noted -266.67% at the time writing. With a float of $388.27 million, this company’s outstanding shares have now reached $426.22 million.
Considering the fact that the conglomerate employs 8000 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 25.45%, operating margin of -0.44%, and the pretax margin is 0.57%.
Gamestop Corporation (GME) Breakdown of a Key Holders of the stock
A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of Gamestop Corporation is 8.90%, while institutional ownership is 23.08%. The most recent insider transaction that took place on Jul 08 ’24, was worth 102,879. In this transaction Director of this company bought 4,140 shares at a rate of $24.85, taking the stock ownership to the 69,228 shares. Before that another transaction happened on Jul 02 ’24, when Company’s PFO and PAO sold 403 for $23.43, making the entire transaction worth $9,443. This insider now owns 39,252 shares in total.
Gamestop Corporation (GME) Recent Fiscal highlights
If we go through the results of last quarter, which was made public on 4/30/2024, the company posted -0.03 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.14) by 0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -266.67% per share during the next fiscal year.
Gamestop Corporation (NYSE: GME) Trading Performance Indicators
Check out the current performance indicators for Gamestop Corporation (GME). In the past quarter, the stock posted a quick ratio of 1.42. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.08, 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 22.8 million, its volume of 3.79 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.33%. Additionally, its Average True Range was 1.17.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 20.79%, which indicates a significant decrease from 36.03% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 32.77% in the past 14 days, which was lower than the 201.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $23.83, while its 200-day Moving Average is $18.08. Nevertheless, the first resistance level for the watch stands at $22.07 in the near term. At $22.77, the stock is likely to face the second major resistance level. The third major resistance level sits at $23.16. If the price goes on to break the first support level at $20.98, it is likely to go to the next support level at $20.59. Now, if the price goes above the second support level, the third support stands at $19.89.
Gamestop Corporation (NYSE: GME) Key Stats
There are currently 351,217K shares outstanding in the company with a market cap of 9.10 billion. Presently, the company’s annual sales total 5,273 M according to its annual income of 6,700 K. Last quarter, the company’s sales amounted to 881,800 K and its income totaled -32,300 K.
