Gamestop Corporation (NYSE: GME) on Monday, soared 6.34% from the previous trading day, before settling in for the closing price of $27.90. Within the past 52 weeks, GME’s price has moved between $9.95 and $64.83.
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Consumer Cyclical Sector giant saw their annual sales slid by -7.52% over the last five years. The company achieved an average annual earnings per share of -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) Breakdown of a Key Holders of the stock
Observing investor behavior towards Specialty Retail industry stocks is more important than anything else. 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) Recent Fiscal highlights
As on 7/31/2024, Multinational firm has announced its last quarter scores, in which it reported 0 earnings per share (EPS) for the period topping the consensus outlook (set at -0.08) by 0.08. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.09 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
Gamestop Corporation (GME) is currently performing well based on its current performance indicators. A quick ratio of 5.52 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.79.
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 12.47 million was lower than the volume posted last year of 19.26 million. As of the previous 9 days, the stock’s Stochastic %D was 73.12%. Additionally, its Average True Range was 1.57.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 98.83%, which indicates a significant increase from 98.14% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 53.99% in the past 14 days, which was lower than the 56.82% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.97, while its 200-day Moving Average is $20.57. Now, the first resistance to watch is $30.31. This is followed by the second major resistance level at $30.94. The third major resistance level sits at $32.12. If the price goes on to break the first support level at $28.50, it is likely to go to the next support level at $27.32. Now, if the price goes above the second support level, the third support stands at $26.69.
Gamestop Corporation (NYSE: GME) Key Stats
Market capitalization of the company is 12.69 billion based on 426,510K outstanding shares. Right now, sales total 5,273 M and income totals 6,700 K. The company made 798,300 K in profit during its latest quarter, and 14,800 K in sales during its previous quarter.
