Gamestop Corporation experienced a somewhat steady performance in the stock market. The company’s stock reached a 1-year high of $64.83 on 05/14/24, while the lowest price for the same period was registered at $9.95 on 04/16/24.
52-week price history of GME Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Gamestop Corporation’s current trading price is -62.30% away from its 52-week high, while its distance from the 52-week low is 145.62%. The stock’s price range during this period has spanned from $9.95 to $64.83. In the Consumer Cyclical sector, the Gamestop Corporation’s shares surpassed a trading volume of approximately 2.72 million for the day, which was noticeably lower compared to the average daily volume of 9.53.32 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Gamestop Corporation (GME) has experienced a quarterly rise of 118.02% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 10.42B and boasts a workforce of 8000 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 19.85, with a change in price of +9.30. Similarly, Gamestop Corporation recorded 34,862,766 in trading volume during the last 100 days, posting a change of +61.10%.
Examining GME’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the 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 0.31.
GME Stock Stochastic Average
Today, Gamestop Corporation’s raw stochastic average for the past 50 days stands at 22.51%, indicating a decline from the raw stochastic average of the last 20 days, which was 29.55%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 24.73% and 29.53% respectively.
GME Stock Price Performance Analysis
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. This year’s metric has recorded a Price increase of 39.42%. However, over the past six months, we’ve seen a weaker performance of 68.32%. The price of GME fallen by 0.99% over the last 30 days. And in the last five days, it has fallen by -2.12%.