Gamestop Corporation (NYSE: GME) kicked off on Tuesday, down -0.11% from the previous trading day, before settling in for the closing price of $27.00. Over the past 52 weeks, GME has traded in a range of $9.95-$64.83.
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A company in the Consumer Cyclical sector has dropped its sales by -3.91% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 16.67%. With a float of $408.73 million, this company’s outstanding shares have now reached $446.80 million.
In an organization with 8000 employees, it is important to assess its efficiency. 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
Our next focus will be how large-scale investors are participating in this stock of the Specialty Retail Industry. The insider ownership of Gamestop Corporation is 8.52%, while institutional ownership is 32.38%. 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
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
Take a look at Gamestop Corporation’s (GME) current performance indicators. Last quarter, stock had a quick ratio of 4.36. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 2.78.
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)
Let’s dig in a bit further. During the last 5-days, its volume was 7.36 million. That was better than the volume of 6.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 55.41%. Additionally, its Average True Range was 1.33.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 47.30%, which indicates a significant decrease from 54.95% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.00% in the past 14 days, which was lower than the 54.73% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $28.68, while its 200-day Moving Average is $24.92. However, in the short run, Gamestop Corporation’s stock first resistance to watch stands at $27.49. Second resistance stands at $28.00. The third major resistance level sits at $28.42. If the price goes on to break the first support level at $26.56, it is likely to go to the next support level at $26.14. The third support level lies at $25.63 if the price breaches the second support level.
Gamestop Corporation (NYSE: GME) Key Stats
The company with the Market Capitalisation of 12.05 billion has total of 446,800K Shares Outstanding. Its annual sales at the moment are 5,273 M in contrast with the sum of 6,700 K annual income. Company’s last quarter sales were recorded 860,300 K and last quarter income was 17,400 K.
