The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -35.60%.However, over the last six months, we can see a stronger performance of -16.37%. Over the last 30 days, the price of GME has leaped by -9.82%. And in the last five days, it has surged by 12.79%.
Gamestop Corporation experienced a rather shaky stock market performance. The highest value in the past year was recorded at $27.65 on 06/13/23 and the lowest value was $9.95 on 04/16/24.
52-week price history of GME Stock
Analyzing a stock’s 52-week high and low prices can offer important information about its present condition and future outlook. Gamestop Corporation’s current trading price is -59.17% away from its 52-week high, while its distance from the 52-week low is 13.47%. The stock’s price range during this period has varied between$9.95 and $27.65. The Gamestop Corporation’s shares, which operate in the Consumer Cyclical, saw a trading volume of around 3.82 million for the day, a figure considerably lower than their average daily volume of 4.05 million over last three months.
Market Capitalization vs. Financial Performance: A Comparative Study
Gamestop Corporation (GME) has experienced a quarterly decline of -23.61% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.45B and boasts a workforce of 8000 employees.
Combining Moving Average and Trading Volume Data for Better Market Insight
Based on Barchart.com data, the company’s moving average over the 100-day period was 14.14, with a change in price of -5.69. Similarly, Gamestop Corporation recorded 4,504,971 in trading volume during the last 100 days, posting a change of -33.51%.
GME’s Debt-to-Equity Ratio Cause for Concern? An In-Depth Look
The debt-to-equity (D/E) ratio is a significant metric that provides insights into a company’s financial state and market presence. By dividing a company’s current liabilities by its shareholders’ equity, the D/E ratio depicts the extent of debt used by a company to fund its assets relative to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for GME stands at 0.45. Similarly, the long-term debt-to-equity ratio is also 0.30.
GME Stock Stochastic Average
Gamestop Corporation’s raw stochastic average for the past 50 days is presently 22.58%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 59.82%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 56.80% and 41.73%, respectively.
