Given A -147.25% Drop From High, Can GameSquare Holdings Inc (NASDAQ: GAME) Quickly Recover?

During the last session, GameSquare Holdings Inc (NASDAQ:GAME)’s traded shares were 0.41 million, with the beta value of the company hitting 1.00. At the end of the trading day, the stock’s price was $0.91, reflecting an intraday gain of 6.76% or $0.06. The 52-week high for the GAME share is $2.25, that puts it down -147.25 from that peak though still a striking 28.57% gain since the share price plummeted to a 52-week low of $0.65. The company’s market capitalization is $29.66M, and the average intraday trading volume over the past 10 days was 0.23 million shares, and the average trade volume was 330.11K shares over the past three months.

GameSquare Holdings Inc (NASDAQ:GAME) trade information

GameSquare Holdings Inc (GAME) registered a 6.76% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.76% in intraday trading to $0.91, hitting a weekly high. The stock’s 5-day price performance is 2.11%, and it has moved by 17.94% in 30 days. Based on these gigs, the overall price performance for the year is -39.42%. The short interest in GameSquare Holdings Inc (NASDAQ:GAME) is 0.48 million shares and it means that shorts have 0.86 day(s) to cover.

GameSquare Holdings Inc (GAME) estimates and forecasts

In the rating firms’ projections, revenue will increase 101.76% 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 42.53M as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 32.03M by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 23.17M and 24.13M respectively. In this case, analysts expect current quarter sales to grow by 83.56% and then jump by 32.74% in the coming quarter.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 62.42%.

GAME Dividends

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

GameSquare Holdings Inc (NASDAQ:GAME)’s Major holders

GameSquare Holdings Inc insiders own 37.07% of total outstanding shares while institutional holders control 10.77%, with the float percentage being 17.11%.

Also, the Mutual Funds coming in first place with the largest holdings of GameSquare Holdings Inc (GAME) shares are Vanguard Total Stock Market Index Fund and iShares Micro Cap ETF . Data provided on Sep 30, 2024 indicates that Vanguard Total Stock Market Index Fund owns about 212.16 shares. This amounts to just over 0.65 percent of the company’s overall shares, with a $0.19 million market value. The same data shows that the other fund manager holds slightly less at 50.09, or about 0.15% of the stock, which is worth about $45519.0.