GameSquare Holdings Inc (NASDAQ:GAME) does about 2.61M shares in volume on a normal day but saw 11697668 shares change hands in the recent trading day. The company now has a market cap of 78.87M USD. Its current market price is $1.8, marking a decrease of -3.23% compared to the previous close of $1.86. The 52 week high reached by this stock is $2.87 whilst the lowest price level in 52 weeks is $0.50.
GameSquare Holdings Inc (GAME) has a 20-day trading average at $1.0146 and the current price is -37.28% off the 52-week high compared with 260.00% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.8687 and its 200-day simple moving average is $0.8179. If we look at the stock’s price movements over the week, volatility stands at 41.88%, which decreases to 16.73% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 72.45 to suggest the stock is overbought.
The consensus objective for the share price is $3.00, suggesting that the stock has a potential upside of 40.0% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on August 21, 2023 when ROTH MKM initiated the stock to “Buy” and issued a price target of $7.
The current price level is 77.41%, 107.22%, and 120.08% away from its SMA20, SMA50, and SMA200 respectively, with the GAME price moving below the 50-day SMA on current market day. GameSquare Holdings Inc (GAME) stock is up 101.39% over the week and 109.79% over the past month. Its price is 56.52% year-to-date and 118.14% over the past year.
To reach the target analysts have set, the stock logically needs to grow 40.0 percent from here.
Outstanding shares total 38.83M with insiders holding 36.16% of the shares and institutional holders owning 7.13% of the company’s common stock. The company has a return on investment of -215.22% and return on equity of -195.86%. The beta has a value of 0.94. Price to book ratio is 6.65 and price to sales ratio is 0.79.
