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After finishing at $27.72 in the prior trading day, Gamestop Corporation (NYSE: GME) closed at $27.51, down -0.76%. In other words, the price has decreased by -$0.76 from its previous closing price. On the day, 8.84 million shares were traded. GME stock price reached its highest trading level at $28.7899 during the session, while it also had its lowest trading level at $27.02.
Ratios:
Our goal is to gain a better understanding of GME by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.36 and its Current Ratio is at 5.11. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.06.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 03 ’25 when Moore Daniel William sold 895 shares for $31.07 per share. The transaction valued at 27,806 led to the insider holds 31,385 shares of the business.
Robinson Mark Haymond sold 1,577 shares of GME for $48,994 on Jan 03 ’25. The General Counsel and Secretary now owns 42,350 shares after completing the transaction at $31.07 per share. On Jan 03 ’25, another insider, Daniel Moore, who serves as the Officer of the company, bought 895 shares for $31.07 each.
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 12291468288 and an Enterprise Value of 7815203328. As of this moment, Gamestop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 153.86. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.84 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 1.717 whereas that against EBITDA is 165.576.
Stock Price History:
The Beta on a monthly basis for GME is -0.04, which has changed by 0.8463087 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, GME has reached a high of $64.83, while it has fallen to a 52-week low of $9.95. The 50-Day Moving Average of the stock is -4.58%, while the 200-Day Moving Average is calculated to be 17.91%.
Shares Statistics:
The stock has traded on average 11.16M shares per day over the past 3-months and 8352430 shares per day over the last 10 days, according to various share statistics. A total of 446.80M shares are outstanding, with a floating share count of 408.87M. Insiders hold about 8.49% of the company’s shares, while institutions hold 28.34% stake in the company. Shares short for GME as of 1732838400 were 32404004 with a Short Ratio of 2.80, compared to 1730332800 on 35943712. Therefore, it implies a Short% of Shares Outstanding of 32404004 and a Short% of Float of 8.7.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.52. The current Payout Ratio is 0.00% for GME, which recently paid a dividend on 2019-03-14 with an ex-dividend date of 1552521600. Stock splits for the company last occurred on 2022-07-22 when the company split stock in a 4:1 ratio.
