Why did the price of GameStop stocks jump so suddenly?
GameStop Corp 0.38 9.90 USD 2019 GameStop Corp 1.52 13.52 USD 2018 GameStop Corp 1.52
What is GameStop really worth?
Apr 07, 2022 · GameStop's stock was trading at $4.14 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, GME stock has increased by 3,431.2% and is now trading at $146.19.
Is GameStop overvalued?
Apr 09, 2022 · GameStop's stock is trading up $3.41 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. Short sellers are betting that GameStop will decline in price.
Why is GameStop stock going up?
Apr 05, 2022 · The Gamestop Corporation stock price fell by -4.10% on the last day (Thursday, 7th Apr 2022) from $156.41 to $150.00. During the day the stock fluctuated 10.69% from a day low at $141.57 to a day high of $156.70 .
What are the stock prices for GameStop right now?
Key DataLabelValueToday's High/Low$168.43/$152.00Share Volume3,956,316Average Volume7,666,456Previous Close$170.7313 more rows
What is the highest GameStop stock price?
The all-time high GameStop stock closing price was 347.51 on January 27, 2021. The GameStop 52-week high stock price is 344.66, which is 135.8% above the current share price. The GameStop 52-week low stock price is 77.58, which is 46.9% below the current share price.
Is GameStop stock a good buy?
Despite the recent uptick in sales, GameStop stock remains a high-risk bet. Launching an NFT marketplace might seem ground-breaking, but it might also be a virtual craze that fizzles out quickly.Jan 20, 2022
What price did GameStop stock close at on 12 31 2020?
On December 30, 2020, the price was valued at 18.84 U.S. dollars per share. The cause of this dramatic increase is a concerted effort via social media to raise the value of the company's stock, intended to negatively affect professional investors planning to 'short sell' GameStop shares.Jan 31, 2022
Is GameStop a buy right now?
4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for GameStop in the last twelve months. There are currently 4 sell ratings for...
How has GameStop's stock price been impacted by COVID-19 (Coronavirus)?
GameStop's stock was trading at $4.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organiz...
When is GameStop's next earnings date?
GameStop is scheduled to release its next quarterly earnings announcement on Wednesday, June 8th 2022. View our earnings forecast for GameStop .
How were GameStop's earnings last quarter?
GameStop Corp. (NYSE:GME) released its quarterly earnings results on Thursday, March, 17th. The company reported ($1.86) earnings per share (EPS) f...
What price target have analysts set for GME?
4 brokerages have issued 12 month target prices for GameStop's shares. Their forecasts range from $30.00 to $146.00. On average, they anticipate Ga...
Who are GameStop's key executives?
GameStop's management team includes the following people: Mr. James Anthony Bell , Sr. Adviser (Age 54, Pay $895.52k) Mr. Matthew Furlong , Pre...
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 Tractor Supply (TSCO) , Carvana (CVNA) , Best Buy (BBY) , H & M Hennes & Mauritz AB (publ)...
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...
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 covered or closed out. As of February 28th, traders...
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...
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 GameS...
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...
Is GameStop's short interest increasing or decreasing?
GameStop saw a drop in short interest during the month of February. As of February 28th, there was short interest totaling 11,710,000 shares, a dro...
What is GameStop's float size?
GameStop currently has issued a total of 76,351,000 shares. Some of GameStop's outstanding shares are available for trading, while others are subje...
How does GameStop's short interest compare to its competitors?
18.59% of GameStop's shares are currently sold short. Here is how the short interest of companies in the sector of "retail/wholesale" compare to Ga...
Which stocks are the most shorted right now?
As of the most recent reporting period, the following stocks had the largest short interest positions: Charter Communications, Inc. ($5.96 billio...
What does it mean to sell short GameStop 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...
About GameStop
Headlines
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.
GameStop (NYSE:GME) Frequently Asked Questions
Loopring Falls 76% — Buy the Dip Before GameStop Deal or Bail Out? - Nasdaq
What is a GameStop float?
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.
What is short selling GME?
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.
How to calculate short interest ratio?
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 down $0.80 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.
How much is Gamestop stock worth in 2021?
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.
Is Gamestop stock a sell or buy signal?
Gamestop Corporation stock price ended on $180.36 on Friday after gaining 0.84% (Updated on July 23, 2021) The Gamestop Corporation stock price gained 0.84% on the last trading day (Friday, 23rd Jul 2021), rising from $178.85 to $180.36.
How much revenue did GameStop make in the first quarter?
Some negative signals were issued as well, and these may have some influence on the near short-term development. The Gamestop Corporation stock holds a buy signal from the short-term moving average; at the same time, however, the long-term average holds a general sell signal.
When was GameStop last profitable?
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.
What is the first group of peers?
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?
The first group of peers is retailers that are struggling to generate revenue growth and are losing money, just like GameStop is today . The second group will be retailers that have found a way to adapt to the modern landscape and are both growing and profitable.
Who is Wayne Duggan?
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?
Wayne Duggan has been a U.S. News & World Report Investing contributor since 2016 and is a staff writer at Benzinga, where he has written more than 7,000 articles. Mr.
Is GME stock overvalued?
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.
