How many shares of GME?
GameStop Corp. (GME) full year performance was 204.04% Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, GameStop Corp. shares are ...
How much is GME stock?
Short selling GME is an investing strategy that aims to generate trading profit from GameStop as its price is falling. GameStop's stock is trading up $2.17 today. To short GameStop stock, an investor borrows shares, sells them and buys the shares back on the public market later to return it to the lender.
Is GME stock overvalued?
GME stock is overvalued. GameStop was one of the leading companies for gaming enthusiasts, and it successfully built a competitive advantage over time.
Why is GME still up?
- GameStop introduces Matt Furlong as the new CEO of the company.
- GME shares are still up nearly 1100% this year-to-date with the company’s valuation at $15 billion.
- Bullish GameStop options are still currently being heavily traded
How many GME stocks are available?
Share StatisticsAvg Vol (3 month) 35.07MAvg Vol (10 day) 35.85MShares Outstanding 576.13MImplied Shares Outstanding 6N/AFloat 862.82M7 more rows
How many stocks are shorted for GME?
GME Is Still Heavily Shorted, A Squeeze Could Be Imminent And they know it. GameStop's short interest is currently at 21% of its float, with about 14.13 million shares being shorted. The number is higher compared to the previous month, when 12.35 million shares were being shorted.
How many GME shares are floating?
GameStop's total shares outstanding is 76.34 Mil. GameStop's float percentage of total shares outstanding is 87.90%. Insider Ownership is the percentage of shares that are owned by company insiders relative to the total shares outstanding.
How much is GME shorted now?
GME shares shorted are now 27.13 million.
Is GME about to squeeze?
GameStop's (GME) disconnection from fundamentals is good for retail investors. The digital wallet launch is helping with recent positive momentum and catalysts abound. GME remains speculative, but it doesn't seem to matter as another short squeeze is setting up.
Is a GME short squeeze still possible?
While GME stock has been volatile over the past 15 months, it still remains notably higher. Over the last two weeks, its stock has dropped almost 24%. Going back even further, though, the stock is up more than 650% since the start of 2021. In that regard, it's hard to rule out that another short-squeeze is impossible.
How many GME shares are directly registered?
GameStop (GME) reports 12.7 million shares directly registered with ComputerShare as of April 2022 | Shacknews.
How much of GME float is owned by retail investors?
(NYSE:GME) shares but individual investors control 56% of the company.
How much cash does GME have?
GameStop cash on hand for the quarter ending April 30, 2022 was $1.068B, a 42.04% increase year-over-year. GameStop cash on hand for 2022 was $1.305B, a 110.91% increase from 2021....Compare GME With Other Stocks.GameStop Annual Cash on Hand (Millions of US $)2020$5002019$1,6242018$8542017$66910 more rows
How high can GME short squeeze?
You can sell it at $10 and then be forced to buy it back at $20 … or $200 … or $2 million. There is no theoretical limit on how high a stock can go.
How long does short squeeze last?
The Volkswagen short squeeze took the longest amount of time to climax at 31 trading days. The average short squeeze in this data set lasted approximately 12 days from the onset to the peak.
What is GME stock split?
On March 31, video game retailer GameStop announced that it will ask shareholders to approve a pathway to a stock split at its annual meeting. GME has split once before: a two-for-one split in 2007. The share price was around $50 at the time of that split. It's trading at about $150 today.
Should I buy or sell GameStop stock right now?
2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last year. There are currently 2 sell ratings for the stoc...
What is GameStop's stock price forecast for 2022?
2 Wall Street analysts have issued 12 month price objectives for GameStop's shares. Their forecasts range from $30.00 to $146.00. On average, they...
How has GameStop's stock price performed in 2022?
GameStop's stock was trading at $148.39 at the beginning of the year. Since then, GME shares have decreased by 13.0% and is now trading at $129.09....
When is GameStop's next earnings date?
GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, September 14th 2022. View our earnings forecast for GameSt...
How were GameStop's earnings last quarter?
GameStop Corp. (NYSE:GME) issued its quarterly earnings data on Wednesday, June, 1st. The company reported ($2.08) EPS for the quarter, missing ana...
Who are GameStop's key executives?
GameStop's management team includes the following people: Mr. Matthew Furlong , Pres, CEO & Director (Age 42, Pay $1.96M) Mr. Mike Recupero , C...
What is George Sherman's approval rating as GameStop's CEO?
342 employees have rated GameStop CEO George Sherman on Glassdoor.com . George Sherman has an approval rating of 26% among GameStop's employees. T...
Who are some of GameStop's key competitors?
Some companies that are related to GameStop include Compass Group (CMPGY) , Kroger (KR) , Chipotle Mexican Grill (CMG) , Seven & i (SVNDY) , W...
What other stocks do shareholders of GameStop own?
Based on aggregate information from My MarketBeat watchlists, some companies that other GameStop investors own include General Electric (GE) , AT...
About GameStop
GameStop Corp. engages in the retail of multichannel video games, consumer electronics, and wireless services. It operates through the following segments: United States, Canada, Australia, and Europe.
Headlines
Loopring Falls 76% — Buy the Dip Before GameStop Deal or Bail Out? - Nasdaq
GameStop (NYSE:GME) Frequently Asked Questions
4 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 4 sell ratings for the stock. The consensus among Wall Street research analysts is that investors should "sell" GameStop stock. View analyst ratings for GameStop or view top-rated stocks.
New York Stock Exchange
The Company is a retailer of video game products and PC entertainment software.
Environmental, Social, and Governance Rating
"B" score indicates good relative ESG performance and an above-average degree of transparency in reporting material ESG data publicly and privately. Scores range from AAA to D.
Business Summary
The Company is a retailer of video game products and PC entertainment software.
What is GameStop's current short interest?
Short interest is the volume of GameStop shares that have been sold short but have not yet been closed out or covered. As of January 31st, traders have sold 11,000,000 shares of GME short. 17.46% of GameStop's shares are currently sold short. Learn More on GameStop's current short interest.
What is a good short interest ratio for GameStop?
The short interest ratio, also known as the "days to cover ratio", is calculated by dividing the number of shares of a stock sold short divided by its average trading volume. A short interest ratio ranging between 1 and 4 generally indicates strong positive sentiment about a stock and a lack of short sellers.
Which institutional investors are shorting GameStop?
As of the most recent reporting period, the following institutional investors, funds, and major shareholders have reported short positions of GameStop: Barclays PLC, Walleye Trading LLC, Goldman Sachs Group Inc., Levin Capital Strategies L.P., Sandler Capital Management, Susquehanna International Group LLP, Sessa Capital IM L.P., Millennium Management LLC, CTC LLC, 683 Capital Management LLC, D.
What is a good short interest percentage for GameStop?
Companies that have a short interest as a percentage of float below 10% indicates positive investor sentiment and few short sellers. Stocks with a short interest percentage above 10% is considered high, suggesting some investors are pessimistic about the stock.
Is GameStop's short interest increasing or decreasing?
GameStop saw a increase in short interest in January. As of January 31st, there was short interest totaling 11,000,000 shares, an increase of 17.3% from the previous total of 9,380,000 shares. Changes in short volume can be used to identify positive and negative investor sentiment.
What is GameStop's float size?
GameStop currently has issued a total of 76,350,000 shares. Some of GameStop's outstanding shares are available for trading, while others are subject to various restrictions. The public float, also referred to as floating shares or "the float", are shares that publicly owned, unrestricted and available to trade on the open market.
Which stocks are the most shorted right now?
As of the most recent reporting period, the following stocks had the largest short interest positions: Advanced Micro Devices, Inc. ($7.80 billion), S&P Global Inc. ($7.56 billion), Charter Communications, Inc. ($5.90 billion), Palo Alto Networks, Inc. ($3.22 billion), Lucid Group Inc ($2.77 billion), Rivian ($2.70 billion), Wayfair Inc.
How to invest in GME?
Assume that if you invest today, you’ll pay near the market price. Remember that your investment can decrease in value at any time, so you should never invest more money than you can afford to lose.
What happens if GME price rises?
If the price of GME rises above $195, your stop-limit order will be converted to a limit order. From here, your broker will fill the order as long as GME stock can be purchased for $205 a share or less. If the price rises above $205, your broker will stop filling the order.
What happens if GME drops below $195?
If the price of GME falls below $195, your broker will execute the order. If the price of GME rises above $195 a share, your broker will halt the order until prices drop again. This gives you more control over the price you pay per share, which can help you stick to a budget. Market Order.
Where is GameStop located?
Headquartered in Texas, GameStop is a video game, console and gaming merchandise retailer. The company has expanded across the United States and into Canada, Australia, Europe and New Zealand. GameStop currently operates over 5,000 physical stores alongside an online retail space.
Is GameStop a sustainable company?
GameStop’s 2019 change in management and new marketing towards retrogaming and competitive gaming. Though GameStop’s recent volatility may not be sustainable, GME could prove to be a stable long-term investment for those looking to enter the ever-expanding video game market.
Is GameStop a good investment?
As the continuing effects of the COVID-19 pandemic are felt around the country, video game retailers offer opportunities for investors. Despite the decline in public interest toward physical video games, video game sales continue to stay steady. GameStop’s 2019 change in management and new marketing towards retrogaming and competitive gaming. Though GameStop’s recent volatility may not be sustainable, GME could prove to be a stable long-term investment for those looking to enter the ever-expanding video game market.
How much revenue did GameStop make in the first quarter?
Its business is in a terrible place. In the first quarter, GameStop reported $1.28 billion in first-quarter revenue, down 17.4% from pre-pandemic numbers in 2019. The company also reported a net loss of $66.8 million.
When was GameStop last profitable?
GameStop’s last profitable year was 2018 when it generated EPS of 34 cents. Based on that 2018 number, GME stock is currently trading at an earnings multiple of about 674.8. But there’s more to valuing a company than earnings alone.
Is GameStop profitable in 2022?
Unfortunately, the problem with comparing GameStop to these other struggling peers is that GameStop isn’t expected to be profitable in fiscal 2022 or even fiscal 2023. Consensus analyst estimates are calling for an EPS loss of 74 cents from GameStop in fiscal 2022 and an EPS loss of 22 cents in fiscal 2023.
Do stocks represent real companies?
Unlike the cryptocurrencies that are popular on social media these days, stocks actually represent ownership stakes in real companies. By looking at the relative valuations of these stocks and their underlying businesses, it actually is possible to get a sense of how expensive one stock is compared to another.
Is GME stock overvalued?
For sure, GME stock is overvalued compared to where it was just a year ago. The stock is up 4,760% in the past 12 months. But GME stock bulls would argue that short sellers had simply made the stock extremely undervalued a year ago. Unlike the cryptocurrencies that are popular on social media these days, stocks actually represent ownership stakes ...
Equity Offering is a Prudent Move
GameStop will be selling up to 3,500,000 shares of its common stock through an “at-the-market” equity offering program (“ATM Offering”). The stock offering will be carried out from time to time, through its sales agent — Jefferies LLC.
Preliminary Sales Numbers Look Encouraging
GameStop registered total global sales growth of nearly 11% for the first nine weeks of first-quarter fiscal 2021 ended Apr 3, 2021 compared with the nine-week period ended Apr 4, 2020. In February, total global sales increased approximately 5.3%, for the four-week period ended on Feb 27, 2021, compared with the four-week period ended Feb 29, 2020.
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