During The Past Six Months, Gamestop Corporation (NYSE: GME) Shares Took An -20.16% Jump. Here Is What We Should Expect

During the last session, Gamestop Corporation (NYSE:GME)’s traded shares were 4.88 million, with the beta value of the company hitting -0.23. At the end of the trading day, the stock’s price was $11.21, reflecting an intraday gain of 2.56% or $0.28. The 52-week high for the GME share is $27.65, that puts it down -146.65 from that peak though still a striking 11.24% gain since the share price plummeted to a 52-week low of $9.95. The company’s market capitalization is $3.43B, and the average trade volume was 3.94 million shares over the past three months.

Gamestop Corporation (NYSE:GME) trade information

Gamestop Corporation (GME) registered a 2.56% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 2.56% in intraday trading to $11.21, hitting a weekly high. The stock’s 5-day price performance is 8.73%, and it has moved by -27.68% in 30 days. Based on these gigs, the overall price performance for the year is -41.00%.

Gamestop Corporation (GME) estimates and forecasts

Statistics show that Gamestop Corporation has underperformed its competitors in share price, compared to the industry in which it operates. Gamestop Corporation (GME) shares have gone down -20.16% during the last six months, with a year-to-date growth rate less than the industry average at -83.33% against -5.40. In the rating firms’ projections, revenue will decrease -9.10% compared to the previous financial year.

As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 1.05B as predicted by 2 analyst(s). Meanwhile, a consensus of 2 analyst(s) estimates revenue growth to 1.04B by the end of current fiscal year.

While earnings are projected to return -83.33% in 2024.

GME Dividends

Gamestop Corporation is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Gamestop Corporation (NYSE:GME)’s Major holders