(VIANEWS) – Shares of GameStop (NYSE: GME) jumped by a staggering 29.86% in 21 sessions from $17.25 to $22.40 at 20:51 EST on Sunday, following the last session’s upward trend. NYSE is rising 0.07% to $15,379.13, after two successive sessions in a row of losses.
GameStop’s last close was $22.40, 53.32% under its 52-week high of $47.99.
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 $-3.31.
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 -33.92%.
Volume
Today’s last reported volume for GameStop is 2506935 which is 55.71% below its average volume of 5660980.
Revenue Growth
Year-on-year quarterly revenue growth declined by 8.5%, now sitting on 5.95B for the twelve trailing months.
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