GameSquare Holdings Inc (GAME) is expecting 10.33% growth in the next quarter: What can investors do to maximize their returns?

A new trading day began on Monday, with GameSquare Holdings Inc (NASDAQ: GAME) stock price down -3.65% from the previous day of trading, before settling in for the closing price of $0.93. GAME’s price has ranged from $0.50 to $1.43 over the past 52 weeks.

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During the last 5-year period, the sales growth of Communication Services Sector giant was 86.89%. Meanwhile, its annual earnings per share averaged 75.98%. With a float of $6.80 million, this company’s outstanding shares have now reached $38.83 million.

Let’s determine the extent of company efficiency that accounts for 132 employees. 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 Activity

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 47.66%, while institutional ownership is 26.74%. 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) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.07 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 75.98% 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 0.57. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.35.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit -0.15 in the next quarter and is forecasted to reach -0.13 in one year’s time.

Technical Analysis of GameSquare Holdings Inc (GAME)

Looking closely at GameSquare Holdings Inc (NASDAQ: GAME), its last 5-days average volume was 0.65 million, which is a jump from its year-to-date volume of 0.37 million. As of the previous 9 days, the stock’s Stochastic %D was 76.99%. Additionally, its Average True Range was 0.08.

During the past 100 days, GameSquare Holdings Inc’s (GAME) raw stochastic average was set at 81.22%, which indicates a significant increase from 76.41% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 66.56% in the past 14 days, which was lower than the 93.84% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.6965, while its 200-day Moving Average is $0.8210. However, in the short run, GameSquare Holdings Inc’s stock first resistance to watch stands at $0.9720. Second resistance stands at $1.0460. The third major resistance level sits at $1.1020. If the price goes on to break the first support level at $0.8420, it is likely to go to the next support level at $0.7860. Should the price break the second support level, the third support level stands at $0.7120.

GameSquare Holdings Inc (NASDAQ: GAME) Key Stats

With a market capitalization of 34.94 million, the company has a total of 38,914K Shares Outstanding. Currently, annual sales are 96,200 K while annual income is -48,750 K. The company’s previous quarter sales were 21,110 K while its latest quarter income was -5,160 K.

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