GameStop Stock Bullish Momentum With A 11.17% Rise On Wednesday

(VIANEWS) – The NYSE ended the session with GameStop (GME) rising 11.17% to $13.24 on Wednesday while NYSE slid 0.01% to $15,929.54.

GameStop’s last close was $11.91, 57.27% under its 52-week high of $27.87.

About GameStop

GameStop Corp., a specialty retailer, provides games and entertainment products through its stores and ecommerce platforms in the United States, Canada, Australia, and Europe. The company sells new and pre-owned gaming platforms; accessories, such as controllers, gaming headsets, and virtual reality products; new and pre-owned gaming software; and in-game digital currency, digital downloadable content, and full-game downloads. It also sells collectibles comprising apparel, toys, trading cards, gadgets, and other retail products for pop culture and technology enthusiasts, as well as engages in the digital asset wallet and NFT marketplace activities. The company operates stores and ecommerce sites under the GameStop, EB Games, and Micromania brands; and pop culture themed stores that sell collectibles, apparel, gadgets, electronics, toys, and other retail products under the Zing Pop Culture brand, as well as offers Game Informer magazine, a print and digital gaming publication. The company was formerly known as GSC Holdings Corp. GameStop Corp. was founded in 1996 and is headquartered in Grapevine, Texas.

Earnings Per Share

As for profitability, GameStop has a trailing twelve months EPS of $-0.32.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -7.64%.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, GameStop’s stock is considered to be overbought (>=80).


GameStop’s last week, last month’s, and last quarter’s current intraday variation average was a negative 1.43%, a negative 0.38%, and a positive 2.93%.

GameStop’s highest amplitude of average volatility was 1.43% (last week), 3.33% (last month), and 2.93% (last quarter).

Sales Growth

GameStop’s sales growth for the next quarter is negative 1.3%.

Moving Average

GameStop’s worth is under its 50-day moving average of $14.50 and way under its 200-day moving average of $19.46.

More news about GameStop (GME).

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