Should Investors Trust The Upside Potential In Gamer Pakistan Inc. (GPAK)?

Gamer Pakistan Inc. (NASDAQ:GPAK) currently has a daily average trading volume of 1.04M but it saw 1588363 shares traded in last market. With a market cap of 4.30M USD, the company’s current market price of $0.17 came rising about 9.09 while comparing to the previous closing price of $0.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $4.39 and as low as $0.15.

Taking a look at 20-day trading activity of Gamer Pakistan Inc. (GPAK) gives us an average price of $0.1788, while its current price level is -96.17% below from 52-week high level whereas it is 12.00% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $0.2091 while that of 200 days or SMA-200 reads an average of $0.3538. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.72% during that period while stretching the period over a month that increases to 15.75%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 42.76 which implies that the stock is in neutral territory.

Over the week, GPAK’s stock price is moving -3.00% down while it is -4.00% when we observe its performance for the past one month. Year-to-date it is -62.67% down and over the past year.

Currently, Gamer Pakistan Inc.’s total number of outstanding shares is 25.58M. Company’s return on investment (ROI) stands at -55.68% and return on equity (ROE) at -103.48%. Stock has a price to book (P/B) ratio of 316.98. Its return on asset (ROA) is -97.90% on average.