Gamehaus Holdings Inc [NASDAQ: GMHS] stock went on an upward path that rose over 32.37% on Tuesday, amounting to a one-week price increase of more than 7.51%.
Over the last 12 months, GMHS stock dropped by -79.66%.
The market cap for the stock reached $122.68 million, with 37.97 million shares outstanding and 2.75 million shares in the current float. Compared to the average trading volume of 3.22M shares, GMHS stock reached a trading volume of 22411299 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on Gamehaus Holdings Inc [GMHS]:
The Price to Book ratio for the last quarter was 3.69, with the Price to Cash per share for the same quarter was set at 0.31. Price to Free Cash Flow for GMHS in the course of the last twelve months was 12268.05 with Quick ratio for the last quarter at 0.05.
GMHS Stock Performance Analysis:
Gamehaus Holdings Inc [GMHS] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 7.51. With this latest performance, GMHS shares gained by 77.78% in over the last four-week period, additionally plugging by 28.65% over the last 6 months – not to mention a drop of -79.66% 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 GMHS stock in for the last two-week period is set at 66.65, with the RSI for the last a single of trading hit 0.3700, and the three-weeks RSI is set at 0.2800 for Gamehaus Holdings Inc [GMHS]. The present Moving Average for the last 50 days of trading for this stock 1.5100, while it was recorded at 1.9900 for the last single week of trading.
Gamehaus Holdings Inc (GMHS) Capital Structure & Debt Analysis
According to recent financial data for Gamehaus Holdings Inc. ( GMHS), the Return on Equity (ROE) stands at 4.14%, suggesting modest shareholder returns. The Return on Assets (ROA) is 3.87%, reflecting the company’s efficiency in generating profits from its assets. Additionally, Gamehaus Holdings Inc’s Return on Invested Capital (ROIC) is 5.76%, showcasing its effectiveness in deploying capital for earnings.
Gamehaus Holdings Inc (GMHS) Efficiency & Liquidity Metrics
Based on Gamehaus Holdings Inc’s (GMHS) latest financial statements, the Debt-to-Equity Ratio is 0.02%, indicating its reliance on debt financing relative to shareholder equity.
Gamehaus Holdings Inc (GMHS) Efficiency & Liquidity Metrics
Gamehaus Holdings Inc [GMHS] Institutonal Ownership Details
There are presently around $1.40%, or 19.33%% of GMHS stock, in the hands of institutional investors.