At the end of the latest market close, GameStop Corp. (GME) was valued at $19.61. In that particular session, Stock kicked-off at the price of $19.50 while reaching the peak value of $22.49 and lowest value recorded on the day was $19.37. The stock current value is $21.66.Recently in News on December 7, 2022, GameStop Reports Third Quarter Fiscal Year 2022 Results. GameStop Corp. (NYSE: GME) (“GameStop” or the “Company”) today released financial results for the third quarter ended October 29, 2022. The Company’s condensed and consolidated financial statements, including GAAP and non-GAAP results, are below. The Company’s Form 10-Q and supplemental information can be found at http://investor.GameStop.com. You can read further details here
GameStop Corp. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $22.49 on 01/23/23, with the lowest value was $15.41 for the same time period, recorded on 01/06/23.
GameStop Corp. (GME) full year performance was -15.61%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, GameStop Corp. shares are logging -56.55% during the 52-week period from high price, and 40.56% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $15.41 and $49.85.
The company’s shares, operating in the sector of Consumer Cyclical managed to top a trading volume set approximately around 7164919 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the GameStop Corp. (GME) recorded performance in the market was 17.33%, having the revenues showcasing -11.27% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 6.41B, as it employees total of 12000 workers.
Analysts verdict on GameStop Corp. (GME)
During the last month, 0 analysts gave the GameStop Corp. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 24.31, with a change in the price was noted -9.89. In a similar fashion, GameStop Corp. posted a movement of -31.35% for the period of last 100 days, recording 4,947,571 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for GME is recording 0.03 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.02.
GameStop Corp. (GME): Technical Analysis
Raw Stochastic average of GameStop Corp. in the period of last 50 days is set at 47.03%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 88.28%. In the last 20 days, the company’s Stochastic %K was 68.15% and its Stochastic %D was recorded 70.22%.
Let’s take a glance in the erstwhile performances of GameStop Corp., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 17.33%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -39.46%, alongside a downfall of -15.61% for the period of the last 12 months. The shares increased approximately by 5.71% in the 7-day charts and went down by 6.91% in the period of the last 30 days. Common stock shares were lifted by -11.27% during last recorded quarter.