GameSquare Holdings Inc [NASDAQ: GAME] stock went on a downward path that fall over -5.59% on Friday, amounting to a one-week price decrease of less than -15.56%.
Over the last 12 months, GAME stock rose by 84.21%. The one-year GameSquare Holdings Inc stock forecast points to a potential upside of 49.33. The average equity rating for GAME stock is currently 1.00, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $74.19 million, with 38.83 million shares outstanding and 20.48 million shares in the current float. Compared to the average trading volume of 6.23M shares, GAME stock reached a trading volume of 40110890 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on GameSquare Holdings Inc [GAME]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for GAME shares is $3.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on GAME stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
ROTH MKM have made an estimate for GameSquare Holdings Inc shares, keeping their opinion on the stock as Buy, with their previous recommendation back on August 21, 2023.
The Price to Book ratio for the last quarter was 5.61, with the Price to Cash per share for the same quarter was set at 0.12.
GAME Stock Performance Analysis:
GameSquare Holdings Inc [GAME] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.56. With this latest performance, GAME shares gained by 99.89% in over the last four-week period, additionally plugging by 97.27% over the last 6 months – not to mention a rise of 84.21% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for GAME stock in for the last two-week period is set at 54.56, with the RSI for the last a single of trading hit 0.4562, and the three-weeks RSI is set at 0.2966 for GameSquare Holdings Inc [GAME]. The present Moving Average for the last 50 days of trading for this stock 0.9680, while it was recorded at 1.7220 for the last single week of trading, and 0.8401 for the last 200 days.
Insight into GameSquare Holdings Inc Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and GameSquare Holdings Inc [GAME] shares currently have an operating margin of -29.63% and a Gross Margin at 12.20%. GameSquare Holdings Inc’s Net Margin is presently recorded at -48.85%.
GameSquare Holdings Inc (GAME) Capital Structure & Debt Analysis
According to recent financial data for GameSquare Holdings Inc. ( GAME), the Return on Equity (ROE) stands at -195.86%, highlighting a negative impact on investor capital. The Return on Assets (ROA) is -56.62%, reflecting the company’s efficiency in generating profits from its assets. Additionally, GameSquare Holdings Inc’s Return on Invested Capital (ROIC) is -215.22%, showcasing its effectiveness in deploying capital for earnings.
GameSquare Holdings Inc (GAME) Efficiency & Liquidity Metrics
Based on GameSquare Holdings Inc’s (GAME) latest financial statements, the Debt-to-Equity Ratio is 1.91%, indicating its reliance on debt financing relative to shareholder equity.
GameSquare Holdings Inc (GAME) Efficiency & Liquidity Metrics
From an operational efficiency perspective, GameSquare Holdings Inc. (GAME) effectively leverages its workforce, generating an average of -$368560.61 per employee. The company’s liquidity position is robust, with a Current Ratio of 0.57% and a Quick Ratio of 0.57%, indicating strong ability to cover short-term liabilities.
GameSquare Holdings Inc [GAME] Institutonal Ownership Details
There are presently around $7.13%, or 11.16%% of GAME stock, in the hands of institutional investors. The top three institutional holders of GAME stocks are: B. RILEY FINANCIAL, INC. with ownership of 1.44 million shares, which is approximately 4.7423%. VANGUARD GROUP INC, holding 0.21 million shares of the stock with an approximate value of $$0.25 million in GAME stocks shares; and VANGUARD GROUP INC, currently with $$0.21 million in GAME stock with ownership which is approximately 0.5663%.
