Should you buy GME stock?
Get the latest GameStop Corp. (GME) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions.
Is GME stock worth buying?
Apr 04, 2022 · GameStop's stock was trading at $4.14 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, GME stock has increased by 3,399.3% and is now trading at $144.87. View which stocks have been most impacted by COVID-19.
Is GME stock overvalued?
GME | Complete GameStop Corp. Cl A stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
How many shares of GME?
Apr 21, 2022 · GameStop generated $2.25 billion in sales during the fourth quarter, up roughly 6% from last year. Growth, however, came at a sizeable …
What is a good price for GME stock?
GME Price/Volume StatsCurrent price$151.9552-week highDay low$138.20VolumeDay high$158.16Avg. volume50-day MA$110.74Dividend yield200-day MA$165.07Market Cap1 more row
Is GME stock a buy or sell?
For example, a stock trading at $35 with earnings of $3 would have an earnings yield of 0.0857 or 8.57%. A yield of 8.57% also means 8.57 cents of earnings for $1 of investment....Momentum Scorecard. More Info.Zacks RankDefinitionAnnualized Return1Strong Buy24.93%2Buy18.44%3Hold9.99%4Sell5.61%2 more rows
How many shares of GME are left?
Share StatisticsAvg Vol (3 month) 34.69MShares Outstanding 576.35MImplied Shares Outstanding 6N/AFloat 862.49M% Held by Insiders 117.98%7 more rows
What is GME stock price target?
Analyst Price Target on GME Based on 2 Wall Street analysts offering 12 month price targets for GameStop in the last 3 months. The average price target is $65.00 with a high forecast of $100.00 and a low forecast of $30.00. The average price target represents a -63.07% change from the last price of $176.00.
Is GME a good investment?
GameStop (ticker: GME), the original meme stock, has been one of the best performers this year. Its shares have gained 707% to $152.14 in 2021, easily outpacing the S&P 500's 26% rise and the Dow Jones Industrial Average's 17% gain.Dec 27, 2021
Should I hold GME?
However, if you're looking to diversify your momentum stock portfolio, GME stock could be a good stock to hold. Otherwise, you're better off buying the heavier shorted stock that is significantly more affordable at the moment, AMC.
Who owns the most GameStop stock?
Top 10 Owners of GameStop CorpStockholderStakeShares ownedThe Vanguard Group, Inc.7.65%5,837,633BlackRock Fund Advisors6.28%4,794,611SSgA Funds Management, Inc.2.17%1,653,929Geode Capital Management LLC1.01%773,8806 more rows
How short is GameStop right now?
Over the last few days, GameStop short interest has decreased from $11.20 billion to $8.82 billion. Short sellers bought to cover and trimmed positions as they incurred large mark-to-market losses. GME shares shorted are now 27.13 million.
How much of GME is owned by retail?
(NYSE:GME) shares but individual investors control 56% of the company.Mar 21, 2022
Is GME expected to go up?
Given the current short-term trend, the stock is expected to rise 6.81% during the next 3 months and, with a 90% probability hold a price between $86.35 and $203.34 at the end of this 3-month period.Apr 2, 2022
What is the future of GME stock?
Future price of the stock is predicted at 203.43907319675$ (43.814% ) after a year according to our prediction system. This means that if you invested $100 now, your current investment may be worth 143.814$ on 2023 April 19, Wednesday.
Is GameStop stock overvalued?
GameStop's stock is substantially overvalued at current trading levels based on any reasonable assessment of business value.Mar 18, 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...
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
Signals & Forecast
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.
Support, Risk & Stop-loss
The Gamestop Corporation stock holds a sell signal from the short-term moving average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock.
Is Gamestop Corporation stock A Buy?
On the downside, the stock finds support just below today's level from accumulated volume at $106.36 and $103.26. There is natural risk involved when a stock is testing a support level, since if this is broken, the stock then may fall to the next support level. In this case, Gamestop Corporation finds support just below today's level at $106.36.
Insiders are very negative
Gamestop Corporation holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.
About Gamestop Corporation
In the last 1 trades there were . The last trade was done 19 046 days ago by who bough 0 shares.
Golden Star Signal
GameStop Corp. operates as an omnichannel video game retailer.
Top Fintech Company
This unique signal uses moving averages and adds special requirements that convert the very good Golden Cross into a Golden Star. This signal is rare and, in most cases, gives substantial returns. From 10 000+ stocks usually only a few will trigger a Golden Star Signal per day!
Background
featured in The Global Fintech Index 2020 as the top Fintech company of the country.
Timeline
Short selling is a finance practice in which an investor, known as the short-seller, borrows shares and immediately sells them, hoping to buy them back later ("covering") at a lower price, return the borrowed shares (plus interest) to the lender and profit off the difference.
Impact on involved entities
In January 2021, Reddit users on the r/wallstreetbets subreddit built the foundations for a short squeeze on GameStop, pushing up the stock price significantly. This occurred shortly after a comment from Citron Research predicting the value of the stock would decrease.
Other affected assets
Short sellers who had bet against GameStop suffered large losses as a result of the short squeeze.
Aftermath
This is a dynamic list and may never be able to satisfy particular standards for completeness. You can help by adding missing items with reliable sources.
GameStop Annual Report 10-K
On January 27, 2021, White House press secretary Jen Psaki said that Treasury Secretary Janet Yellen and others in the Biden administration were monitoring the situation.
GameStop Third Quarter Report 10-Q
Public companies report their float value each year on the front page of their annual 10-K. The information is typically based on the stock price of the company at the end of the second quarter.
Beneficial Ownership Table
On December 8, 2020, GME filed its latest 10-Q for the quarter ending October 31, 2020. The table on Shareholders’ Equity shows that, as of August 3, 2019, there were 90,500,000 shares outstanding, but GameStop also repurchased 22,600,000 shares.
Short Interest
On April 28, 2020, GME filed a Schedule 14A proxy statement that includes a table of beneficial owners who hold 5% or more of the common stock.
Conclusion
A major reason for the recent surge in GameStop’s share price is the incredibly high short interest in the stock. Depending on which website you check, anywhere from 130% to over 200% of the available GME shares have been borrowed and sold short.
