Balance Sheet Insights: GameSquare Holdings Inc (GAME)’s Debt-to-Equity and Long-Term Debt/Eq Ratios

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In the latest session, GameSquare Holdings Inc (NASDAQ: GAME) closed at $0.65 down -19.76% from its previous closing price of $0.81. In other words, the price has decreased by -$19.76 from its previous closing price. On the day, 0.58 million shares were traded.

Ratios:

For a deeper understanding of GameSquare Holdings Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.72. In the meantime, Its Debt-to-Equity ratio is 0.40 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, ROTH MKM on August 21, 2023, initiated with a Buy rating and assigned the stock a target price of $7.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jun 21 ’24 when Kenna Justin bought 10,000 shares for $1.02 per share. The transaction valued at 10,200 led to the insider holds 115,321 shares of the business.

Schwartz Louis bought 10,000 shares of GAME for $10,200 on Jun 21 ’24. The President and Chairman now owns 244,630 shares after completing the transaction at $1.02 per share.

Stock Price History:

Over the past 52 weeks, GAME has reached a high of $2.25, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -23.34%, while the 200-Day Moving Average is calculated to be -32.82%.

Shares Statistics:

A total of 31.59M shares are outstanding, with a floating share count of 6.80M. Insiders hold about 47.62% of the company’s shares, while institutions hold 26.96% stake in the company.

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