StockNews.com assumed coverage on shares of GameStop (NYSE:GME – Get Rating) in a report released on Thursday. The firm issued a sell rating on the stock.
Separately, Wedbush lowered their price objective on GameStop from $6.00 to $5.30 and set an underperform rating for the company in a research note on Thursday, December 8th.
GameStop Stock Performance
Shares of NYSE:GME opened at $16.60 on Thursday. The stock has a fifty day simple moving average of $19.82 and a two-hundred day simple moving average of $22.99. GameStop has a 12-month low of $15.41 and a 12-month high of $49.85. The company has a current ratio of 1.63, a quick ratio of 0.91 and a debt-to-equity ratio of 0.02.
Institutional Inflows and Outflows
GameStop Company Profile
GameStop Corp. offers games and entertainment products through its ecommerce properties and stores. It operates through the following geographic segments: United States, Canada, Australia, and Europe. Each segment consists primarily of retail operations, including stores and ecommerce properties focused on games, entertainment products, and technology.
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