In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
Gamestop Corporation (NYSE: GME) closed the day trading at $25.61 up 3.47% from the previous closing price of $24.75. In other words, the price has increased by $3.47 from its previous closing price. On the day, 4.96 million shares were traded. GME stock price reached its highest trading level at $25.83 during the session, while it also had its lowest trading level at $25.15.
Ratios:
For a better understanding of GME, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.36 and its Current Ratio is at 5.11. In the meantime, Its Debt-to-Equity ratio is 0.10 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, 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:
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 Jan 03 ’25 when Moore Daniel William sold 895 shares for $31.07 per share. The transaction valued at 27,806 led to the insider holds 31,385 shares of the business.
Robinson Mark Haymond sold 1,577 shares of GME for $48,994 on Jan 03 ’25. The General Counsel and Secretary now owns 42,350 shares after completing the transaction at $31.07 per share. On Jan 03 ’25, another insider, Daniel Moore, who serves as the Officer of the company, bought 895 shares for $31.07 each.
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 11442548736 and an Enterprise Value of 7289857536. As of this moment, Gamestop’s Price-to-Earnings (P/E) ratio for their current fiscal year is 143.23. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.87. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.64 while its Price-to-Book (P/B) ratio in mrq is 2.38. Its current Enterprise Value per Revenue stands at 1.682 whereas that against EBITDA is 124.4.
Stock Price History:
The Beta on a monthly basis for GME is -0.49, which has changed by 0.65225804 over the last 52 weeks, in comparison to a change of 0.10838497 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 -0.74%, while the 200-Day Moving Average is calculated to be 1.96%.
Shares Statistics:
Over the past 3-months, GME traded about 6.10M shares per day on average, while over the past 10 days, GME traded about 3771870 shares per day. A total of 446.80M shares are outstanding, with a floating share count of 408.87M. Insiders hold about 8.49% of the company’s shares, while institutions hold 32.38% stake in the company. Shares short for GME as of 1740700800 were 28516200 with a Short Ratio of 4.68, compared to 1738281600 on 30329696. Therefore, it implies a Short% of Shares Outstanding of 28516200 and a Short% of Float of 7.6499999999999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0The 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.