How Does GameStop Corp. (GME) Stack Up Right Now?

GameStop Corp. (GME) is an interesting player in the Services space, with a focus on Electronics Stores. The stock has been active on the tape, currently trading at $13.33, down from yesterday’s close by -5.12%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

GameStop Corp. (GME) currently trades with a market capitalization of $1.35 Billion. That value represents a market adjusting for revenues that have been falling by -5.47 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of $321.5 Million over the past twelve months. Generally speaking, earnings are expected to grow in coming quarters. Analysts are forecasting earnings of $0.08 on a per share basis this quarter. Perhaps, that suggests something about why 3.66% of the outstanding share supply is held by institutional investors.

Technical Analysis

We’ve taken a serious look at this stock from a fundamental perspective, but the tale of the tape may offer more hints about what lies under the surface. Looking at the stock’s movement on the chart, GameStop Corp. recorded a 52-week high of $22.37. It is now trading 9.04% off that level. The stock is trading $13.45 its 50-day moving average by 0.12%. The stock carved out a 52-week low down at $12.20.

In recent action, GameStop Corp. (GME) has made a move of -1.33% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.57, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 43.80% with $99.50 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of GME.

Previous articleTaking a Look at the Data Behind Hewlett Packard Enterprise Company (HPE)
Next articleThe Case for and Against Kinder Morgan, Inc. (KMI)