A new trading day began on Friday, with GameSquare Holdings Inc (NASDAQ: GAME) stock price up 12.08% from the previous day of trading, before settling in for the closing price of $0.78. GAME’s price has ranged from $0.50 to $2.87 over the past 52 weeks.
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Annual sales at Communication Services sector company grew by 65.88% over the past five years. Meanwhile, its annual earnings per share averaged 82.68%. With a float of $88.90 million, this company’s outstanding shares have now reached $99.00 million.
GameSquare Holdings Inc (GAME) Insider Updates
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 16.18%, while institutional ownership is 9.46%.
GameSquare Holdings Inc (GAME) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.09 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.01 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 82.68% 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 0.43. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.21, a number that is poised to hit -0.07 in the next quarter and is forecasted to reach -0.13 in one year’s time.
Technical Analysis of GameSquare Holdings Inc (GAME)
GameSquare Holdings Inc (NASDAQ: GAME) saw its 5-day average volume 3.85 million, a negative change from its year-to-date volume of 4.22 million. As of the previous 9 days, the stock’s Stochastic %D was 24.97%.
During the past 100 days, GameSquare Holdings Inc’s (GAME) raw stochastic average was set at 15.86%, which indicates a significant decrease from 39.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.1007 in the past 14 days, which was lower than the 0.1263 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.0662, while its 200-day Moving Average is $0.8688. Nevertheless, the first resistance level for the watch stands at $0.9156 in the near term. At $0.9554, the stock is likely to face the second major resistance level. The third major resistance level sits at $1.0347. If the price goes on to break the first support level at $0.7965, it is likely to go to the next support level at $0.7172. Assuming the price breaks the second support level, the third support level stands at $0.6774.
GameSquare Holdings Inc (NASDAQ: GAME) Key Stats
With a market capitalization of 86.71 million, the company has a total of 98,999K Shares Outstanding. Currently, annual sales are 96,200 K while annual income is -48,750 K. The company’s previous quarter sales were 15,850 K while its latest quarter income was -3,020 K.
