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In the latest session, Gamestop Corporation (NYSE: GME) closed at $22.27 up 1.78% from its previous closing price of $21.88. In other words, the price has increased by $1.78 from its previous closing price. On the day, 3.89 million shares were traded. GME stock price reached its highest trading level at $22.3799 during the session, while it also had its lowest trading level at $21.86.
Ratios:
For a deeper understanding of Gamestop Corporation’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.42 and its Current Ratio is at 2.22. In the meantime, Its Debt-to-Equity ratio is 0.45 whereas as Long-Term Debt/Eq ratio is at 0.31.
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:
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 Jul 08 ’24 when Cheng Lawrence bought 4,140 shares for $24.85 per share. The transaction valued at 102,879 led to the insider holds 69,228 shares of the business.
Robinson Mark Haymond sold 565 shares of GME for $13,239 on Jul 02 ’24. The General Counsel and Secretary now owns 59,594 shares after completing the transaction at $23.43 per share. On Jul 02 ’24, another insider, Moore Daniel William, who serves as the PFO and PAO of the company, sold 403 shares for $23.43 each. As a result, the insider received 9,443 and left with 39,252 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 9491874816 and an Enterprise Value of 7327414272. As of this moment, Gamestop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 273.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.93 while its Price-to-Book (P/B) ratio in mrq is 5.22. Its current Enterprise Value per Revenue stands at 1.49 whereas that against EBITDA is 206.989.
Stock Price History:
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 -11.84%, while the 200-Day Moving Average is calculated to be 26.26%.
Shares Statistics:
For the past three months, GME has traded an average of 50.37M shares per day and 6980460 over the past ten days. A total of 426.22M shares are outstanding, with a floating share count of 388.27M. Insiders hold about 8.90% of the company’s shares, while institutions hold 20.82% stake in the company. Shares short for GME as of 1722384000 were 37925649 with a Short Ratio of 0.75, compared to 1719532800 on 41953496. Therefore, it implies a Short% of Shares Outstanding of 37925649 and a Short% of Float of 10.7700005.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 9.52.
