Shares of GME fell by 0.93% or $-0.21/share to $22.31. GameStop Corp. is trading at a price to book ratio of 1.06. This indicates that the shares are relatively cheap compared to book value which means the market is pricing in going concern value. The PEG is 0.93 suggesting that the shares are trading at an excellent value relative to firm's growth rate. The price to sales ratio came in at 0.33. Hence, the firm is extremely cheap relative to its top line sales figures. On average, 3879950 shares of GME exchange hands on a given day and today's volume is recorded at 1652307. These factors combined may make this company a potential takeover candidate. Lookout for any takeover chatter or takeover news regarding this stock as one of the bigger players may have an eye on this one.
GameStop Corp. (GameStop) is a multichannel retailer of video game products and personal computer (PC) entertainment software.
