Company Shares of Gamestop Corporation (NYSE:GME) Rally 1.15%

On a relative basis, the stock has outperformed the S&P 500 by 1.53% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.15% in the last 1 week, and is up 3.17% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The company shares have dropped -42.20% from its 1 Year high price. On Aug 14, 2015, the shares registered one year high at $47.83 and the one year low was seen on Jan 20, 2016. The 50-Day Moving Average price is $27.25 and the 200 Day Moving Average price is recorded at $28.90.

The stock has recorded a 20-day Moving Average of 4.39% and the 50-Day Moving Average is 2.55%.


Gamestop Corporation (NYSE:GME): stock turned positive on Friday. Though the stock opened at $26.67, the bulls momentum made the stock top out at $27.39 level for the day. The stock recorded a low of $26.66 and closed the trading day at $27.37, in the green by 3.95%. The total traded volume for the day was 2,104,106. The stock had closed at $26.33 in the previous days trading.

In an insider trading activity,The director of Gamestop Corp., Shern Stephanie M sold 1,769 shares at $31.19 on March 29, 2016. The Insider selling transaction had a total value worth of $55,175. The Insider information was disclosed with the Securities and Exchange Commission in a Form 4 filing.

GameStop Corp. is a multichannel video game, consumer electronics and wireless services retailer. The Company operates its business in four Video Game Brands segments: United States, Canada, Australia and Europe, and a Technology Brands segment. The Video Game Brands segments include 6,206 stores, 4,138 of which are included in the United States segment. There are 331, 421, and 1,316 stores in the Canadian, Australian and European segments, respectively. Each of the Video Game Brands segments consists primarily of retail operations, with all stores engaged in the sale of video game systems, software and accessories. Its Video Game Brands stores sell various types of digital products, including downloadable content, network points cards and prepaid digital, among others. They also carry mobile and consumer electronics products, which consist primarily of mobile devices, tablets and related accessories. Its Technology Brands segment includes its Spring Mobile and Simply Mac businesses.

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