With 1.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.26 million shares. During the session, the Electronic Gaming & Multimedia company that operates in wider Communication Services sector, reached to the highest price of $0.9 whereas the lowest price it dropped to was $0.7921. The 52-week range on GAME shows that it touched its highest point at $2.25 and its lowest point at $0.65 during that stretch. It currently has a 1-year price target of $3.67. Beta for the stock currently stands at 1.14.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of GAME was up-trending over the past week, with a rise of 11.50%, but this was up by 28.97% over a month. Three-month performance dropped to -23.21% while six-month performance fell -40.69%. The stock lost -50.57% in the past year, while it has lost -52.49% so far this year. A look at the trailing 12-month EPS for GAME yields -4.65 with Next year EPS estimates of -0.13. For the next quarter, that number is -0.16. This implies an EPS growth rate of 70.19% for this year and 84.25% for next year.
Float and Shares Shorts:
At present, 12.99 million GAME shares are outstanding with a float of 8.28 million shares on hand for trading. On 2024-10-15, short shares totaled 0.65 million, which was 210.0 higher than short shares on 1726185600. In addition to Mr. Louis Craig Schwartz as the firm’s President & Chairman, Mr. Justin Kenna serves as its CEO & Executive Director.
Institutional Ownership:
Through their ownership of 0.11013 of GAME’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-06-30, GAME reported revenue of $28586965.0 and operating income of -$8164333.0. The EBITDA in the recently reported quarter was -$11067638.0 and diluted EPS was -$0.38.
Analysts Ratings:
In the same way, a target price assigned to a stock can also reveal much about its potential. With GAME analysts setting a high price target of 5.0 and a low target of 3.0, the average target price over the next 12 months is 3.67. Based on these targets, GAME could surge 481.4% to reach the target high and rise by 248.84% to reach the target low. Reaching the average price target will result in a growth of 326.74% from current levels.
Analysts have provided yearly estimates in a range of -$0.7924 being high and -$0.90094 being low. For GAME, this leads to a yearly average estimate of -$0.84667. The surprise factor in the prior quarter was -$0.29. Based on analyst estimates, the high estimate for the next quarter is -$0.03 and the low estimate is -$0.11. The average estimate for the next quarter is thus -$0.07.
