The key reasons why GameSquare Holdings Inc (GAME) is -58.69% away from 52-week high?

Witnessing the stock’s movement on the chart, on Thursday, GameSquare Holdings Inc (NASDAQ: GAME) set off with pace as it heaved 35.71% to $0.95, before settling in for the price of $0.70 at the close. Taking a more long-term approach, GAME posted a 52-week range of $0.65-$2.30.

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Meanwhile, its Annual Earning per share during the time was 62.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 70.07%. This publicly-traded company’s shares outstanding now amounts to $12.99 million, simultaneously with a float of $8.28 million. The organization now has a market capitalization sitting at $12.34 million. At the time of writing, stock’s 50-day Moving Average stood at $0.9122, while the 200-day Moving Average is $1.2861.

GameSquare Holdings Inc (GAME) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Electronic Gaming & Multimedia industry. GameSquare Holdings Inc’s current insider ownership accounts for 36.23%, in contrast to 25.64% institutional ownership. According to the most recent insider trade that took place on Jun 21 ’24, this organization’s CEO & Director bought 10,000 shares at the rate of 1.02, making the entire transaction reach 10,200 in total value, affecting insider ownership by 115,321. Preceding that transaction, on Jun 21 ’24, Company’s President and Chairman bought 10,000 for 1.02, making the whole transaction’s value amount to 10,200. This particular insider is now the holder of 244,630 in total.

GameSquare Holdings Inc (GAME) Earnings and Revenue Records

GameSquare Holdings Inc’s EPS increase for this current 12-month fiscal period is 70.07% and is forecasted to reach -0.15 in the upcoming year.

GameSquare Holdings Inc (NASDAQ: GAME) Trading Performance Indicators

Let’s observe the current performance indicators for GameSquare Holdings Inc (GAME). It’s Quick Ratio in the last reported quarter now stands at 0.87. The Stock has managed to achieve an average true range (ATR) of 0.09. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 0.26.

In the same vein, GAME’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -4.65, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be -0.15 at the market close of one year from today.

Technical Analysis of GameSquare Holdings Inc (GAME)

Going through the that latest performance of [GameSquare Holdings Inc, GAME]. Its last 5-days volume of 0.8 million indicated improvement to the volume of 0.18 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 58.68% While, its Average True Range was 0.0953.

Raw Stochastic average of GameSquare Holdings Inc (GAME) in the period of the previous 100 days is set at 38.46%, which indicates a major fall in contrast to 60.04% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 138.75% that was higher than 100.62% volatility it exhibited in the past 100-days period.