A statement released earlier today by Vetr Inc. about GameStop Corp. (NYSE:GME) bumps the target price to $22.84
- Updated: December 1, 2016
Vetr Inc. bumped up the target of GameStop Corp. (NYSE:GME) to $22.84 stating a potential downside of -0.07%.
On Thursday November 24, 2016, Vetr Inc. released a statement for GameStop Corp. (NYSE:GME) bumped up the target price from $0.00 to $25.08 that suggested a downside of -0.04%.
Boasting a price of $24.69, GameStop Corp. (NYSE:GME) traded -0.20% lower on the day. With the last stock price close down -9.63% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.03% over the date range. GameStop Corp. has recorded a 50-day average of $23.72 and a two hundred day average of $27.27. Volume of trade was down over the average, with 1,441,357 shares of GME changing hands under the typical 2,585,320
With a total market value of $0, GameStop Corp. has price-earnings ratio of 6.55 with a one year low of $20.10 and a one year high of $34.03 .
A total of 11 equity analysts have released a ratings update on GME. Three equity analysts rating the company a strong buy, three equity analysts rating the company a buy, seven equity analysts rating the company a hold, one equity analyst rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of $35.54.
Brief Synopsis About GameStop Corp. (NYSE:GME)
GameStop Corp. is an omnichannel video game retailer. The Company sells video game hardware, physical and digital video game software, video game accessories, as well as mobile and consumer electronics products and other merchandise through its GameStop, EB Games and Micromania stores. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and Technology Brands segment. Each of the Video Game Brands segments consists of retail operations, with all stores engaged in the sale of new and pre-owned video game systems, software and accessories. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards, prepaid digital, prepaid subscription cards and digitally downloadable software, and also sell certain mobile and consumer electronics products and collectible products. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.
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