GameStop Corp. (NASDAQ: GME) Share Analyzed

GameStop Corp. day trading at USD 4.49 per share, then rallying to 4.51 and closing at USD 4.29 per share. A net loss of -4.45% for the day. Long term pricing analysis shows the stock trading at 34.82% lower than it’s 52week high and -66.92% higher than the 52week low. The share volume traded for the day was 1,771K which was 0 times the 50 Day Average Volume.

GameStop Corp. had a market cap of 277,815K as of 2nd July 2020. The Earnings Per Share (EPS) for Q4 2019 is $-7.42.

GameStop Corp. is an American video game, consumer electronics, and gaming merchandise retailer. The company is headquartered in Grapevine, Texas, the United States, a suburb of Dallas, and operated 5,509 retail stores throughout the United States, Canada, Australia, New Zealand, and Europe as of February 1, 2020.

Financial Results

GameStop Corp. Reports First Quarter Of Fiscal 2020.

  • Gross margin declined 270 bps from the prior year first quarter, driven by the increased mix of hardware compared to the prior year first quarter.
  • SG&A was $386.5 million, down $67.2 million or 15% compared to $453.7 million in the prior-year first quarter.
  • Adjusted SG&A was $381.2 million, a reduction of $72.5 million, or 16% from the prior-year first quarter.
  • Operating loss of ($108.0) million compared to operating earnings of $17.5 million in the prior-year first quarter.
  • Adjusted EBITDA of ($75.5) million compared to $42.7 million in the prior-year first quarter.
  • Adjusted net loss of ($103.9) million or ($1.61) per diluted share, compared to adjusted net income of $7.5 million, or $0.07 per diluted share in the prior-year first quarter.

GameStop Corp. (2nd July 2020): The Institutional Ownership as of today stood at 125.07% and the Total Value of Holdings (millions) is $ 347

New Institutional Holders and other activity – As of today, the total number of shares held is, 80,997,146 by 247 institutional holders.

LATEST NEWS:

28-June-2020:- GameStop Corp. (NYSE: GME) Stake Increased by Tower Research Capital LLC TRC

Tower Research Capital LLC TRC increased its position in shares of GameStop Corp. (NYSE: GME) by 11,395.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 45,176 shares of the company’s stock after acquiring an additional 44,783 shares during the period.

27-June-2020:- Paloma Partners Management Co Reduces Stake in GameStop Corp. (NYSE: GME)

Paloma Partners Management Co lowered its stake in GameStop Corp. (NYSE: GME) by 45.4% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 56,794 shares of the company’s stock after selling 47,259 shares during the period.

24-June-2020:- Thrivent Financial for Lutherans Buys 338,335 Shares of GameStop Corp. (NYSE: GME) – Modern Readers

Thrivent Financial for Lutherans grew its stake in shares of GameStop Corp. (NYSE: GME) by 644.5% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 390,827 shares of the company’s stock after buying an additional 338,335 shares during the quarter.

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