$1.40M in average volume shows that Dave & Buster’s Entertainment Inc (PLAY) is heading in the right direction

A new trading day began on Monday, with Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) stock price up 6.61% from the previous day of trading, before settling in for the closing price of $34.05. PLAY’s price has ranged from $29.31 to $69.82 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

Communication Services Sector giant saw their annual sales surged by 40.19% over the last five years. Meanwhile, its annual earnings per share averaged -11.53%. With a float of $38.58 million, this company’s outstanding shares have now reached $40.27 million.

The firm has a total of 23258 workers. Let’s measure their productivity. In terms of profitability, gross margin is 58.42%, operating margin of 13.06%, and the pretax margin is 6.44%.

Dave & Buster’s Entertainment Inc (PLAY) Insider Activity

As we move forward, let’s examine how large-scale investors are investing in this stock of the Entertainment Industry. The insider ownership of Dave & Buster’s Entertainment Inc is 1.84%, while institutional ownership is 123.27%. The most recent insider transaction that took place on Oct 29 ’24, was worth 286,392. Before that another transaction happened on Oct 07 ’24, when Company’s Chief Executive Officer bought 14,912 for $33.67, making the entire transaction worth $502,162. This insider now owns 83,847 shares in total.

Dave & Buster’s Entertainment Inc (PLAY) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -11.53% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.88% during the next five years compared to -0.36% drop over the previous five years of trading.

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) Trading Performance Indicators

Here are Dave & Buster’s Entertainment Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.14. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.64.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.74, a number that is poised to hit -0.38 in the next quarter and is forecasted to reach 3.41 in one year’s time.

Technical Analysis of Dave & Buster’s Entertainment Inc (PLAY)

Analysing the last 5-days average volume posted by the [Dave & Buster’s Entertainment Inc, PLAY], we can find that recorded value of 1.42 million was better than the volume posted last year of 1.25 million. As of the previous 9 days, the stock’s Stochastic %D was 19.55%. Additionally, its Average True Range was 2.00.

During the past 100 days, Dave & Buster’s Entertainment Inc’s (PLAY) raw stochastic average was set at 48.47%, which indicates a significant increase from 30.17% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.71% in the past 14 days, which was higher than the 52.06% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $35.71, while its 200-day Moving Average is $44.75. Now, the first resistance to watch is $37.94. This is followed by the second major resistance level at $39.57. The third major resistance level sits at $41.29. If the price goes on to break the first support level at $34.59, it is likely to go to the next support level at $32.87. Should the price break the second support level, the third support level stands at $31.24.

Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) Key Stats

With a market capitalization of 1.42 billion, the company has a total of 39,301K Shares Outstanding. Currently, annual sales are 2,205 M while annual income is 126,900 K. The company’s previous quarter sales were 557,100 K while its latest quarter income was 40,300 K.