With 38.50M Outstanding Shares, Can Dave & Buster’s Entertainment Inc (NASDAQ: PLAY) Deliver Big Short-Term Gains?

Dave & Buster’s Entertainment Inc (NASDAQ:PLAY) currently has a daily average trading volume of 1.63M but it saw 1739699 shares traded in last market. With a market cap of 1.17B USD, the company’s current market price of $30.29 came rising about 3.77 while comparing to the previous closing price of $29.19. In past 52 weeks, the stock remained buoying in the range of price level as high as $69.82 and as low as $25.00. In the recent trading on the day, stock has struck highest price mark of $29.53 while lowest mark touched by it was $30.71.

Taking a look at 20-day trading activity of Dave & Buster’s Entertainment Inc (PLAY) gives us an average price of $30.43, while its current price level is -56.62% below from 52-week high level whereas it is 21.18% 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 $34.83 while that of 200 days or SMA-200 reads an average of $41.02. A closer look into the stock’s movement over the week reveals that its volatility is standing at 4.01% during that period while stretching the period over a month that increases to 6.64%. 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 46.58 which implies that the stock is in neutral territory.

Truist downgraded its recommendation for the stock as a “Hold” from “Buy” on December 11, 2024 while assigning a price target range of $56-$36. Gordon Haskett also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $40 and $34.

Over the week, PLAY’s stock price is moving 1.58% up while it is -22.33% when we observe its performance for the past one month. Year-to-date it is 3.77% up and over the past year, the stock is showing a downside performance of -44.14%.

Currently, Dave & Buster’s Entertainment Inc’s total number of outstanding shares is 38.50M. Company’s return on investment (ROI) stands at 2.49% and return on equity (ROE) at 38.89%. It has a price to earnings ratio (P/E ratio) of 14.96 while having a 10.28 of forward P/E ratio. Stock’s beta reads 2.18. Stock has a price to book (P/B) ratio of 5.15 while price to sale or P/S ratio amounts to 0.53. Its return on asset (ROA) is 2.23% on average.