Does Gamestop Corporation (NYSE: GME) Still Look Hot This Week?

Gamestop Corporation (NYSE:GME) traded at $11.90 at close of the session on Friday, April 26, made an upward move of 6.16% on its previous day’s price.

Looking at the stock we see that its previous close was $11.21 . The company has a trailing 12-month PE ratio of 561.32. In terms of its 52-week price range, GME has a high of $27.65 and a low of $9.95. The company’s stock has lost about -9.64% over that past 30 days.

Gamestop Corporation has a market cap of $3.64 billion. Estimates by analysts give the company expected earnings per share (EPS) of -$0.09, with the EPS growth for the year raised at $0.01 for 2025 and $0.06 for next year. These figures represent -83.30% and 500.00% growth in EPS for the two years respectively.

Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $1.05 billion, with a low of $1 billion and a high of $1.09 billion. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2025 is expected to hit $4.79 billion, or -9.10% down from figures reported last year.

On the other hand, looking at the outlook for the GME stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 100% Sell. Long term indicators on average place the stock in the category of 100% Sell.

Looking further, we note the current price level is 8.94% off its SMA20 and -7.93% from its 50-day simple moving average. The RSI (14) is pointing at 52.99 while the volatility over the past week is 6.51% and jumps to 5.41% over the past one month. The beta value is -0.26, while the average true range (ATR) is currently pointing at 0.66.

Coming back to Gamestop Corporation (NYSE:GME), we note that the average 3-month trading volume was 4.05 million. Current shares outstanding are 305.70 million.

The insiders hold 12.82% of the company’s shares while institutions hold 29.37%. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock -32.12% down in year-to-date price movement.

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