GameSquare Holdings Inc [NASDAQ: GAME] price plunged by -2.74 percent to reach at -$0.03.
A sum of 340258 shares traded at recent session while its average daily volume was at 408.59K shares. GameSquare Holdings Inc shares reached a high of $0.9449 and dropped to a low of $0.88 until finishing in the latest session at $0.89.
The one-year GAME stock forecast points to a potential upside of 70.33. The average equity rating for GAME stock is currently 1.00, trading closer to a bullish pattern in the stock market.
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 3.30, with the Price to Cash per share for the same quarter was set at 0.15.
GAME Stock Performance Analysis:
GameSquare Holdings Inc [GAME] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 20.80. With this latest performance, GAME shares dropped by -0.25% in over the last four-week period, additionally plugging by 9.00% over the last 6 months – not to mention a rise of 8.32% in the past year of trading.
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%.
Return on Equity for this stock declined to -56.62%, with Return on Assets sitting at -56.62%.
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%.
