Can Gamestop Corporation’s (GME) drop of -4.00% in a week be considered a lucky break?

On Monday, Gamestop Corporation (NYSE: GME) opened lower -3.75% from the last session, before settling in for the closing price of $26.90. Price fluctuations for GME have ranged from $9.95 to $64.83 over the past 52 weeks.

Annual sales at Consumer Cyclical sector company slipped by -3.91% over the past five years. Company’s average yearly earnings per share was noted 16.67% at the time writing. With a float of $408.87 million, this company’s outstanding shares have now reached $446.80 million.

Let’s look at the performance matrix of the company that is accounted for 8000 employees. In terms of profitability, gross margin is 26.99%, operating margin of -0.86%, and the pretax margin is 1.7%.

Gamestop Corporation (GME) Insider and Institutional Ownership

A key investor’s attitude towards the stock of the Specialty Retail industry is another important factor to consider. The insider ownership of Gamestop Corporation is 8.49%, while institutional ownership is 28.24%. The most recent insider transaction that took place on Jan 03 ’25, was worth 27,806. In this transaction PFO and PAO of this company sold 895 shares at a rate of $31.07, taking the stock ownership to the 31,385 shares. Before that another transaction happened on Jan 03 ’25, when Company’s General Counsel and Secretary sold 1,577 for $31.07, making the entire transaction worth $48,994. This insider now owns 42,350 shares in total.

Gamestop Corporation (GME) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.04 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 16.67% per share during the next fiscal year.

Gamestop Corporation (NYSE: GME) Trading Performance Indicators

Check out the current performance indicators for Gamestop Corporation (GME). In the past quarter, the stock posted a quick ratio of 4.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.67.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.18, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.00 in one year’s time.

Technical Analysis of Gamestop Corporation (GME)

Gamestop Corporation (NYSE: GME) saw its 5-day average volume 4.0 million, a negative change from its year-to-date volume of 6.71 million. As of the previous 9 days, the stock’s Stochastic %D was 28.83%. Additionally, its Average True Range was 1.45.

During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 43.61%, which indicates a significant increase from 6.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 50.88% in the past 14 days, which was lower than the 59.38% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $29.20, while its 200-day Moving Average is $24.16. Nevertheless, the first resistance level for the watch stands at $26.45 in the near term. At $27.02, the stock is likely to face the second major resistance level. The third major resistance level sits at $27.49. If the price goes on to break the first support level at $25.41, it is likely to go to the next support level at $24.94. The third support level lies at $24.37 if the price breaches the second support level.

Gamestop Corporation (NYSE: GME) Key Stats

There are currently 446,800K shares outstanding in the company with a market cap of 11.57 billion. Presently, the company’s annual sales total 5,273 M according to its annual income of 6,700 K. Last quarter, the company’s sales amounted to 860,300 K and its income totaled 17,400 K.