Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Gamestop Corporation’s stock clocked out at $28.54, up 5.70% from its previous closing price of $27.00. In other words, the price has increased by $5.70 from its previous closing price. On the day, 23.33 million shares were traded. GME stock price reached its highest trading level at $28.83 during the session, while it also had its lowest trading level at $27.3701.
Ratios:
To gain a deeper understanding of GME’s stock, we examine its different 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. 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 12164261888 and an Enterprise Value of 9529547776. As of this moment, Gamestop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 350.18. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 6.68. Its current Enterprise Value per Revenue stands at 1.938 whereas that against EBITDA is 269.196.
Stock Price History:
The Beta on a monthly basis for GME is -0.09, which has changed by 0.23176527 over the last 52 weeks, in comparison to a change of 0.24125004 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 14.50%, while the 200-Day Moving Average is calculated to be 70.06%.
Shares Statistics:
It appears that GME traded 51.82M shares on average per day over the past three months and 15236860 shares per day 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 20.69% stake in the company. Shares short for GME as of 1719532800 were 41953496 with a Short Ratio of 0.81, compared to 1717113600 on 46538235. Therefore, it implies a Short% of Shares Outstanding of 41953496 and a Short% of Float of 11.91.
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.
