Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
GameSquare Holdings Inc (NASDAQ: GAME) closed the day trading at $0.84 up 2.73% from the previous closing price of $0.81. In other words, the price has increased by $2.73 from its previous closing price. On the day, 6.52 million shares were traded. GAME stock price reached its highest trading level at $0.9 during the session, while it also had its lowest trading level at $0.8252.
Ratios:
For a better understanding of GAME, let’s look at its different 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:
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 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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, GAME now has a Market Capitalization of 27283696 and an Enterprise Value of 42818996. Its current Enterprise Value per Revenue stands at 0.509 whereas that against EBITDA is -1.892.
Stock Price History:
The Beta on a monthly basis for GAME is 1.26, which has changed by -0.52947974 over the last 52 weeks, in comparison to a change of 0.23171377 over the same period for the S&P500. 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 -5.10%, while the 200-Day Moving Average is calculated to be -22.47%.
Shares Statistics:
Over the past 3-months, GAME traded about 242.57K shares per day on average, while over the past 10 days, GAME traded about 211290 shares per day. A total of 31.59M shares are outstanding, with a floating share count of 8.50M. Insiders hold about 34.52% of the company’s shares, while institutions hold 25.27% stake in the company. Shares short for GAME as of 1730332800 were 811136 with a Short Ratio of 2.51, compared to 1727654400 on 573319. Therefore, it implies a Short% of Shares Outstanding of 811136 and a Short% of Float of 4.64.
Earnings Estimates
The dynamic stock of GameSquare Holdings Inc (GAME) is currently attracting attention from 1.0 analysts actively involved in rating its market status.The consensus estimate for the next quarter is -$0.09, with high estimates of -$0.09 and low estimates of -$0.1.
Analysts are recommending an EPS of between -$0.92 and -$0.92 for the fiscal current year, implying an average EPS of -$0.92. EPS for the following year is -$0.08, with 2.0 analysts recommending between -$0.03 and -$0.12.
Revenue Estimates
3 analysts predict $42.34M in revenue for the current quarter. It ranges from a high estimate of $45.69M to a low estimate of $40.4M. As of the current estimate, GameSquare Holdings Inc’s year-ago sales were $23.17MFor the next quarter, 3 analysts are estimating revenue of $31.88M. There is a high estimate of $35.19M for the next quarter, whereas the lowest estimate is $29.85M.
A total of 3 analysts have provided revenue estimates for GAME’s current fiscal year. The highest revenue estimate was $147.32M, while the lowest revenue estimate was $142.8M, resulting in an average revenue estimate of $144.33M. In the same quarter a year ago, actual revenue was $71.88MBased on 3 analysts’ estimates, the company’s revenue will be $170.21M in the next fiscal year. The high estimate is $172.56M and the low estimate is $165.64M.
