A new trading day began on Monday, with Gamestop Corporation (NYSE: GME) stock price down -0.56% from the previous day of trading, before settling in for the closing price of $26.59. GME’s price has ranged from $9.95 to $64.83 over the past 52 weeks.
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Annual sales at Consumer Cyclical sector company slipped by -7.52% over the past five years. Meanwhile, its annual earnings per share averaged -150.00%. With a float of $388.58 million, this company’s outstanding shares have now reached $426.51 million.
Let’s look at the performance matrix of the company that is accounted for 8000 employees. 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 and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Specialty Retail Industry. The insider ownership of Gamestop Corporation is 8.89%, while institutional ownership is 29.58%. 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) Latest Financial update
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
Here are Gamestop Corporation’s current performance indicators. According to the last quarter’s results, the 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 2.41.
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)
Gamestop Corporation (NYSE: GME) saw its 5-day average volume 15.79 million, a negative change from its year-to-date volume of 19.42 million. As of the previous 9 days, the stock’s Stochastic %D was 72.31%. Additionally, its Average True Range was 1.44.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 69.71%, which indicates a significant increase from 67.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.66% in the past 14 days, which was lower than the 56.36% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.25, while its 200-day Moving Average is $20.22. Nevertheless, the first resistance level for the watch stands at $27.12 in the near term. At $27.79, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.43. If the price goes on to break the first support level at $25.81, it is likely to go to the next support level at $25.17. The third support level lies at $24.50 if the price breaches the second support level.
Gamestop Corporation (NYSE: GME) Key Stats
With a market capitalization of 10.96 billion, the company has a total of 426,510K Shares Outstanding. Currently, annual sales are 5,273 M while annual income is 6,700 K. The company’s previous quarter sales were 798,300 K while its latest quarter income was 14,800 K.
