Gamestop Corporation (NYSE: GME) kicked off on Monday, down -0.36% from the previous trading day, before settling in for the closing price of $22.41. Over the past 52 weeks, GME has traded in a range of $9.95-$64.83.
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Consumer Cyclical Sector giant saw their annual sales slid by -7.52% over the last five years. While this was happening, its average annual earnings per share was recorded -150.00%. With a float of $388.58 million, this company’s outstanding shares have now reached $426.51 million.
The firm has a total of 8000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 26.24%, operating margin of -0.59%, and the pretax margin is 1.07%.
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 8.89%, while institutional ownership is 23.00%. The most recent insider transaction that took place on Oct 11 ’24, was worth 55,115. In this transaction PFO and PAO of this company sold 2,624 shares at a rate of $21.00, taking the stock ownership to the 32,280 shares. Before that another transaction happened on Oct 10 ’24, when Company’s General Counsel and Secretary sold 11,000 for $20.82, making the entire transaction worth $229,066. This insider now owns 43,927 shares in total.
Gamestop Corporation (GME) Earnings and Forecasts
In the latest quarterly report, which was put into the public domain on 7/31/2024, the organization reported 0 earnings per share (EPS), higher than consensus estimate (set at -0.08) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.08 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -150.00% 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 5.52. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.13, a number that is poised to hit -0.03 in the next quarter and is forecasted to reach -0.01 in one year’s time.
Technical Analysis of Gamestop Corporation (GME)
Analysing the last 5-days average volume posted by the [Gamestop Corporation, GME], we can find that recorded value of 7.42 million was lower than the volume posted last year of 19.67 million. As of the previous 9 days, the stock’s Stochastic %D was 46.70%. Additionally, its Average True Range was 1.00.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 30.18%, which indicates a significant decrease from 47.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 51.24% in the past 14 days, which was lower than the 62.85% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $21.59, while its 200-day Moving Average is $19.66. Now, the first resistance to watch is $22.69. This is followed by the second major resistance level at $23.06. The third major resistance level sits at $23.46. If the price goes on to break the first support level at $21.92, it is likely to go to the next support level at $21.52. Should the price break the second support level, the third support level stands at $21.16.
Gamestop Corporation (NYSE: GME) Key Stats
The company with the Market Capitalisation of 9.62 billion has total of 426,510K 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 798,300 K and last quarter income was 14,800 K.
