The price of Gamestop Corporation (NYSE:GME) shares last traded on Wall Street fell -0.50% to $29.95.
GME stock price is now 10.54% away from the 50-day moving average and 16.86% away from the 200-day moving average. The market capitalization of the company currently stands at $13.40B.
With the price target reduced from $6.50 to $6.20, Wedbush maintained Underperform rating for Gamestop Corporation (NYSE: GME). On April 12, 2021, Ascendiant Capital Markets Downgraded its previous ‘Hold’ rating to ‘Sell’ on the stock reducing its target price from $12 to quote $10, while ‘Telsey Advisory Group’ rates the stock as ‘Underperform’
In other news, Attal Alain, Director bought 10,000 shares of the company’s stock on Apr 10 ’25. The stock was bought for $257,500 at an average price of $25.75. Upon completion of the transaction, the Director now directly owns 572,464 shares in the company, valued at $17.15 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Apr 03 ’25, Director Cheng Lawrence bought 5,000 shares of the business’s stock. A total of $107,700 was incurred on buying the stock at an average price of $21.54. This leaves the insider owning 83,000 shares of the company worth $2.49 million. A total of 8.63% of the company’s stock is owned by insiders.
During the past 12 months, Gamestop Corporation has had a low of $18.73 and a high of $48.00. As of last week, the company has a debt-to-equity ratio of 0.08, a current ratio of 8.05, and a quick ratio of 7.33. According to the stock market information, the enterprise value for the company is $9025965056, which is based on a 112.76 price-to-earnings ratio, a 9.01 price-to-earnings-growth ratio, and a beta of -0.65. The fifty day moving average price for GME is $27.0938 and a two-hundred day moving average price translates $25.62945 for the stock.
The latest earnings results from Gamestop Corporation (NYSE: GME) was released for 2025-02-01. The net profit margin was 3.43% and return on equity was 4.19% for GME.
