Gamestop Corporation (NYSE:GME) price is hovering lower on Monday, April 15, dropping -5.30% below its previous close.
A look at today’s price movement shows that the recent level at last check reads $10.77. The company’s P/E ratio in the trailing 12-month period read 481.08. Taking into account the 52-week price action we note that the stock hit a 52-week high of $27.65 and 52-week low of $10.73. The stock subtracted -30.29% on its value in the past month.
Gamestop Corporation, which has a market valuation of $3.12 billion. Analysts tracking GME have forecast the quarterly EPS to shrink by -0.09 per share this quarter, while the same analysts predict the annual EPS to hit $0.01 for the year 2024 and up to $0.06 for 2026. In this case, analysts estimate an annual EPS growth of -83.30% for the year and 500.00% for the next year.
On average, analysts have forecast the company’s revenue for the quarter will hit $1.05 billion, with the likely lows of $1 billion and highs of $1.09 billion. Staying with the analyst view, there is a consensus estimate of $4.79 billion for the company’s annual revenue in 2025. Per this projection, the revenue is forecast to grow -9.10% below that which the company brought in 2025.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with — upward and — downward reviews. On the technical perspective front, indicators give GME a short term outlook of 100% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 100% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
The overview shows that GME’s price is at present -18.50% off the SMA20 and -25.14% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 31.41, with weekly volatility standing at 4.38%. The indicator jumps to 5.56% when calculated based on the past 30 days. Gamestop Corporation (NYSE:GME)’s beta value is holding at -0.25, while the average true range (ATR) indicator is currently reading 0.72.
An analysis of the Gamestop Corporation (NYSE:GME) stock in terms of its daily trading volume indicates that the 3-month average is 3.93 million.
Current records show that the company has 305.70M in outstanding shares. The insiders’ percentage holdings are 12.82% of outstanding shares while the percentage share held by institutions stands at 29.37%. But the -41.82% downside, the stock’s price has registered year-to-date as of today’s value, will likely reignite investor interest given the prospect of it rallying even higher.
