On Friday, Gamestop Corporation (NYSE: GME) opened higher 5.27% from the last session, before settling in for the closing price of $23.51. Price fluctuations for GME have ranged from $9.95 to $64.83 over the past 52 weeks.
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During the last 5-year period, the sales drop of Consumer Cyclical Sector giant was -3.91%. 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 determine the extent of company efficiency that accounts 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 Activity
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 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) Earnings and Forecasts
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 2.55.
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)
Looking closely at Gamestop Corporation (NYSE: GME), its last 5-days average volume was 3.4 million, which is a drop from its year-to-date volume of 5.64 million. As of the previous 9 days, the stock’s Stochastic %D was 83.80%. Additionally, its Average True Range was 1.08.
During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 30.38%, which indicates a significant decrease from 88.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 49.53% in the past 14 days, which was lower than the 58.06% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.95, while its 200-day Moving Average is $25.12. However, in the short run, Gamestop Corporation’s stock first resistance to watch stands at $25.16. Second resistance stands at $25.56. The third major resistance level sits at $26.32. If the price goes on to break the first support level at $24.00, it is likely to go to the next support level at $23.24. Should the price break the second support level, the third support level stands at $22.84.
Gamestop Corporation (NYSE: GME) Key Stats
There are currently 446,800K shares outstanding in the company with a market cap of 11.06 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.
