A new trading day began on Friday, with GameSquare Holdings Inc (NASDAQ: GAME) stock price up 6.76% from the previous day of trading, before settling in for the closing price of $0.85. GAME’s price has ranged from $0.65 to $2.25 over the past 52 weeks.
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Meanwhile, its annual earnings per share averaged 68.31%. With a float of $7.50 million, this company’s outstanding shares have now reached $31.59 million.
In an organization with 175 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 17.78%, operating margin of -33.81%, and the pretax margin is -48.97%.
GameSquare Holdings Inc (GAME) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Electronic Gaming & Multimedia Industry. The insider ownership of GameSquare Holdings Inc is 42.30%, while institutional ownership is 26.96%. The most recent insider transaction that took place on Jun 21 ’24, was worth 10,200. In this transaction CEO & Director of this company bought 10,000 shares at a rate of $1.02, taking the stock ownership to the 115,321 shares. Before that another transaction happened on Jun 21 ’24, when Company’s President and Chairman bought 10,000 for $1.02, making the entire transaction worth $10,200. This insider now owns 244,630 shares in total.
GameSquare Holdings Inc (GAME) Latest Financial update
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 68.31% per share during the next fiscal year.
GameSquare Holdings Inc (NASDAQ: GAME) Trading Performance Indicators
Here are GameSquare Holdings Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.72.
Technical Analysis of GameSquare Holdings Inc (GAME)
Let’s dig in a bit further. During the last 5-days, its volume was 0.27 million. That was inferior than the volume of 0.47 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 36.50%. Additionally, its Average True Range was 0.06.
During the past 100 days, GameSquare Holdings Inc’s (GAME) raw stochastic average was set at 51.74%, which indicates a significant decrease from 69.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.33% in the past 14 days, which was lower than the 91.04% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8697, while its 200-day Moving Average is $1.0053. However, in the short run, GameSquare Holdings Inc’s stock first resistance to watch stands at $0.9497. Second resistance stands at $0.9907. The third major resistance level sits at $1.0313. If the price goes on to break the first support level at $0.8681, it is likely to go to the next support level at $0.8275. The third support level lies at $0.7865 if the price breaches the second support level.
GameSquare Holdings Inc (NASDAQ: GAME) Key Stats
With a market capitalization of 11.80 million, the company has a total of 32,636K Shares Outstanding. Currently, annual sales are 52,000 K while annual income is -31,280 K. The company’s previous quarter sales were 26,410 K while its latest quarter income was -5,480 K.
