GameStop Corp (GME, Financial) witnessed a significant stock movement with a 5.07% increase. The stock is currently priced at $24.64 per share, showing a trading volume of 6.73 million shares and a turnover rate of 1.51% with a volatility of 5.84%.
Recent financial reports indicate that GameStop achieved a revenue of $798 million, net profit of $14.8 million, and earnings per share of $0.04. The gross profit for the period stood at $249 million, with a high price-to-earnings ratio of 175.57, reflecting its market valuation.
In terms of institutional ratings, all participating brokerages, totaling two, have assigned a 'sell' recommendation. There are no 'buy' or 'hold' ratings currently.
In the broader retail sector, GameStop is part of an overall rise of 0.28%. Among its peers, stocks like Barnes & Noble Education, Inc., Nuvve Holding Corp, and Fitell Corporation have seen notable increases. On the other hand, Evgo Inc., Kohl’s, and Tokyo Lifestyle Co Ltd have been active with turnover rates of 5.57%, 5.07%, and 3.68% respectively. Stocks like Barnes & Noble Education, Inc., Fitell Corporation, and Tokyo Lifestyle Co Ltd experienced significant volatility at 21.59%, 18.99%, and 13.32% respectively.
GameStop Corp is a leading multi-channel retailer in video games, consumer electronics, and related services. Its operations span across Europe, Canada, Australia, and the United States, primarily through GameStop, EB Games, and Micromania stores, as well as international e-commerce platforms. The company's sales predominantly originate from the United States.
