$12.21M in average volume shows that Gamestop Corporation (GME) is heading in the right direction

Gamestop Corporation (NYSE: GME) kicked off on Monday, up 2.57% from the previous trading day, before settling in for the closing price of $29.58. Over the past 52 weeks, GME has traded in a range of $18.73-$48.00.

Here's Your FREE Report on the #1 Small-Cap Uranium Stock of '24.

Small-cap Uranium stocks are booming in 2024! The company we're about to show you is the ONLY small-cap stock in the space that benefits from ALL aspects of the global Uranium industry with none of the risks of running a mine. Smart investors will not be hesitating on this one!

Get the FREE Report with all the details here.


Sponsored

Consumer Cyclical Sector giant saw their annual sales slid by -9.98% over the last five years. While this was happening, its average annual earnings per share was recorded 42.42%. With a float of $408.69 million, this company’s outstanding shares have now reached $447.00 million.

The firm has a total of 6000 workers. Let’s measure their productivity. In terms of profitability, gross margin is 29.14%, operating margin of -0.46%, and the pretax margin is 3.59%.

Gamestop Corporation (GME) Insider Activity

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 8.63%, while institutional ownership is 33.96%. The most recent insider transaction that took place on Apr 10 ’25, was worth 257,500. In this transaction Director of this company bought 10,000 shares at a rate of $25.75, taking the stock ownership to the 572,464 shares. Before that another transaction happened on Apr 03 ’25, when Company’s Director bought 5,000 for $21.54, making the entire transaction worth $107,700. This insider now owns 83,000 shares in total.

Gamestop Corporation (GME) Earnings and Forecasts

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 42.42% 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 7.33. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.55. Likewise, its price to free cash flow for the trailing twelve months is 104.72.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.27, a number that is poised to hit 0.08 in the next quarter and is forecasted to reach 0.47 in one year’s time.

Technical Analysis of Gamestop Corporation (GME)

Analysing the last 5-days average volume posted by the [Gamestop Corporation, GME], we can find that recorded value of 5.99 million was lower than the volume posted last year of 9.72 million. As of the previous 9 days, the stock’s Stochastic %D was 9.13%. Additionally, its Average True Range was 1.47.

During the past 100 days, Gamestop Corporation’s (GME) raw stochastic average was set at 63.73%, which indicates a significant increase from 31.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 79.96% in the past 14 days, which was higher than the 69.23% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $27.36, while its 200-day Moving Average is $25.74. Now, the first resistance to watch is $30.74. This is followed by the second major resistance level at $31.13. The third major resistance level sits at $31.78. If the price goes on to break the first support level at $29.70, it is likely to go to the next support level at $29.05. Should the price break the second support level, the third support level stands at $28.66.

Gamestop Corporation (NYSE: GME) Key Stats

The company with the Market Capitalisation of 13.57 billion has total of 447,301K Shares Outstanding. Its annual sales at the moment are 3,823 M in contrast with the sum of 131,300 K annual income. Company’s last quarter sales were recorded 1,283 M and last quarter income was 131,400 K.

News Daemon
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.