GameSquare Holdings Inc (NASDAQ: GAME) – Suitable For Long Term Buy?

Currently, there are 38.83M common shares owned by the public and among those 20.48M shares have been available to trade.

The company’s stock has a 5-day price change of -1.95% and 161.56% over the past three months. GAME shares are trading 19.84% year to date (YTD), with the 12-month market performance up to 83.00% higher. It has a 12-month low price of $0.50 and touched a high of $2.87 over the same period. GAME has an average intraday trading volume of 2.92 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 38.20%, 67.58%, and 83.08% respectively.

Institutional ownership of GameSquare Holdings Inc (NASDAQ: GAME) shares accounts for 8.88% of the company’s 38.83M shares outstanding.

It has a market capitalization of $66.17M and a beta (3y monthly) value of 0.92. The earnings-per-share (ttm) stands at -$1.51. Price movements for the stock have been influenced by the stock’s volatility, which stands at 32.01% over the week and 18.06% over the month.

Analysts forecast that GameSquare Holdings Inc (GAME) will achieve an EPS of -0.1 for the current quarter, -0.07 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is -0.1 while analysts give the company a high EPS estimate of -0.1. Comparatively, EPS for the current quarter was -0.25 a year ago. Earnings per share for the fiscal year are expected to increase by 75.98%, and 69.77% over the next financial year.

Looking at the support for the GAME, a number of firms have released research notes about the stock. ROTH MKM stated their Buy rating for the stock in a research note on August 21, 2023, with the firm’s price target at $7.

Related Posts

Life Telegraph
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.