Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Gamestop Corporation’s current trading price is -56.92% away from its 52-week high, while its distance from the 52-week low is 180.70%. The stock’s price range during this period has varied between $9.95 and $64.83. The company, active in the Consumer Cyclical sector, saw a trading volume of around 11.36 million for the day, considerably higher average daily volume of 10.94 million observed over the last three months.
Gamestop Corporation’s stock has had a calm market performance. The 1-year high for the company’s stock was $64.83 on 05/14/24, and the lowest price during the same period was recorded at $9.95 on 04/16/24.
How Financial Performance Impacts Market Capitalization
Gamestop Corporation (GME) has experienced a quarterly rise of 19.10% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.09B and boasts a workforce of 8000 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 23.23, with a change in price of +2.05. Similarly, Gamestop Corporation recorded 9,764,338 in trading volume during the last 100 days, posting a change of +7.92%.
How GME’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for GME stands at 0.12. Similarly, the long-term debt-to-equity ratio is also 0.08.
GME Stock Stochastic Average
As of today, the raw stochastic average of Gamestop Corporation over the past 50 days is 64.55%. This is a increase compared to the raw stochastic average of the last 20 days, which was recorded at 44.08%. Additionally, the Stochastic %K and %D values for the company were 57.38% and 56.20%, respectively, over the past 20 days.
GME Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price gain of 59.33% this year. Over the last six months, there has been a weaker performance of 12.48%. The price of GME fallen by 19.10% during the last 30 days period. For the last 5-days stocks have improved 2.42%.
