Gamestop Corporation (NYSE:GME) shares, rose in value, with the stock price up by 1.23% to the previous day’s close as strong demand from buyers drove the stock to $26.57.
Actively observing the price movement in the recent trading, the stock is buoying the session at $26.25, falling within a range of $26.17 and $26.8096. The value of beta (5-year monthly) is -0.414 whereas the PE ratio is 100.05 over 12-month period. Referring to stock’s 52-week performance, its high was $64.83, and the low was $10.01. On the whole, GME has fluctuated by 12.08% over the past month.
With the market capitalization of Gamestop Corporation currently standing at about $11.88 billion, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-24.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 3.56B, with a low estimate of 750M and a high estimate of 758.47M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 754.23M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that GME’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 8.00, with the price of GME currently trading nearly 8.21% and 7.87% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 57.42, while the 7-day volatility ratio is showing 4.88% which for the 30-day chart, stands at 6.98%. Furthermore, Gamestop Corporation (GME)’s beta value is -0.64, and its average true range (ATR) is 1.58.
A comparison of Gamestop Corporation (GME) with its peers suggests the former has fared considerably weaker in the market. GME showed an intraday change of 1.23% in today’s session so far, and over the past year, it grew by 156.25%%.
Data on historical trading for Gamestop Corporation (NYSE:GME) indicates that the trading volumes over the past 10 days have averaged 12.49 and over the past 3 months, they’ve averaged 9.65 million. According to company’s latest data on outstanding shares, there are 447.00 million shares outstanding.
Nearly 8.60% of Gamestop Corporation’s shares belong to company insiders and institutional investors own 32.44% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 47.56 million shares as on 2025-03-31, resulting in a short ratio of 3.62. According to the data, the short interest in Gamestop Corporation (GME) stood at 1275.00 of shares outstanding as of 2025-03-31; the number of short shares registered in 2025-02-28 reached 28.52 million. The stock has fallen by -15.21% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the GME stock heading into the next quarter.
