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In other words, the price has increased by $0.00 from its previous closing price. On the day, 24.24 million shares were traded. GME stock price reached its highest trading level at $17.29 during the session, while it also had its lowest trading level at $14.93.
Ratios:
We take a closer look at GME’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.44 and its Current Ratio is at 2.11. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.30.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Wedbush on June 08, 2023, Reiterated its Underperform rating but revised its target price to $6.20 from $6.50 previously.
On April 12, 2021, Ascendiant Capital Markets Downgraded its rating to Sell which previously was Hold and also lowered its target price recommendation from $12 to $10.
Telsey Advisory Group reiterated its Underperform rating for the stock on March 24, 2021, while the target price for the stock was revised from $33 to $30.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 06 ’24 when Robinson Mark Haymond sold 214 shares for $14.51 per share. The transaction valued at 3,105 led to the insider holds 50,623 shares of the business.
Moore Daniel William sold 7,779 shares of GME for $79,362 on Apr 24 ’24. The PFO and PAO now owns 13,606 shares after completing the transaction at $10.20 per share. On Apr 23 ’24, another insider, Robinson Mark Haymond, who serves as the General Counsel and Secretary of the company, sold 13,471 shares for $10.15 each. As a result, the insider received 136,798 and left with 50,837 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GME now has a Market Capitalization of 4993876992 and an Enterprise Value of 4392236544. As of this moment, Gamestop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 769.34, and their Forward P/E ratio for the next fiscal year is 250.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.95 while its Price-to-Book (P/B) ratio in mrq is 3.72. Its current Enterprise Value per Revenue stands at 0.833 whereas that against EBITDA is 179.275.
Stock Price History:
Over the past 52 weeks, GME has reached a high of $27.65, while it has fallen to a 52-week low of $9.95. The 50-Day Moving Average of the stock is 27.39%, while the 200-Day Moving Average is calculated to be 6.76%.
Shares Statistics:
According to the various share statistics, GME traded on average about 5.45M shares per day over the past 3-months and 12219460 shares per day over the past 10 days. A total of 305.70M shares are outstanding, with a floating share count of 266.95M. Insiders hold about 12.81% of the company’s shares, while institutions hold 29.37% stake in the company. Shares short for GME as of 1713139200 were 59954492 with a Short Ratio of 10.99, compared to 1710460800 on 59554103. Therefore, it implies a Short% of Shares Outstanding of 59954492 and a Short% of Float of 22.299999.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.52.
