Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, GameSquare Holdings Inc’s stock clocked out at $2.16, up 40.26% from its previous closing price of $1.54. In other words, the price has increased by $40.26 from its previous closing price. On the day, 87.08 million shares were traded. GAME stock price reached its highest trading level at $2.87 during the session, while it also had its lowest trading level at $1.77.
Ratios:
To gain a deeper understanding of GAME’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.57 and its Current Ratio is at 0.57. In the meantime, Its Debt-to-Equity ratio is 1.91 whereas as Long-Term Debt/Eq ratio is at 1.15.
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.
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 84507840 and an Enterprise Value of 62189368. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85 while its Price-to-Book (P/B) ratio in mrq is 7.98. Its current Enterprise Value per Revenue stands at 0.625 whereas that against EBITDA is -2.578.
Stock Price History:
The Beta on a monthly basis for GAME is 0.88, which has changed by 0.71428573 over the last 52 weeks, in comparison to a change of 0.12153554 over the same period for the S&P500. Over the past 52 weeks, GAME has reached a high of $1.69, while it has fallen to a 52-week low of $0.50. The 50-Day Moving Average of the stock is 161.77%, while the 200-Day Moving Average is calculated to be 167.10%.
Shares Statistics:
It appears that GAME traded 899.22K shares on average per day over the past three months and 12365140 shares per day over the past ten days. A total of 38.83M shares are outstanding, with a floating share count of 20.48M. Insiders hold about 47.66% of the company’s shares, while institutions hold 8.88% stake in the company. Shares short for GAME as of 1749772800 were 565836 with a Short Ratio of 0.63, compared to 1747267200 on 578966. Therefore, it implies a Short% of Shares Outstanding of 565836 and a Short% of Float of 1.87.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0