Games Workshop Group (LON:GAW) Share Price Passes Below 200-Day Moving Average – Should You Sell?

Games Workshop Group PLC (LON:GAW)’s share price crossed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of £188.96 and traded as low as £188.40. Games Workshop Group shares last traded at £191.30, with a volume of 61,801 shares traded.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group restated a “buy” rating and issued a £218.50 target price on shares of Games Workshop Group in a research note on Wednesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of “Buy” and an average price target of £199.25.

Games Workshop Group Trading Up 0.5%

The firm has a market cap of £6.30 billion, a P/E ratio of 30.65, a PEG ratio of 0.41 and a beta of 0.91. The company has a debt-to-equity ratio of 16.70, a current ratio of 3.63 and a quick ratio of 2.33. The stock has a 50 day moving average of £200.65 and a 200 day moving average of £189.03.

Games Workshop Group (LON:GAW) last issued its quarterly earnings results on Tuesday, July 28th. The company reported GBX 624 earnings per share (EPS) for the quarter. Games Workshop Group had a return on equity of 62.95% and a net margin of 31.23%. As a group, equities research analysts predict that Games Workshop Group PLC will post 448.9953023 EPS for the current year.

Insider Buying and Selling at Games Workshop Group

In other Games Workshop Group news, insider Kevin Rountree acquired 2,034 shares of the business’s stock in a transaction dated Monday, August 3rd. The stock was bought at an average price of £193.88 per share, with a total value of £394,351.92. Insiders own 7.93% of the company’s stock.

Games Workshop Group Company Profile

Games Workshop Group PLC, together with its subsidiaries, designs, manufactures, distributes, and sells miniature figures and games in the United Kingdom, Continental Europe, North America, Australia, New Zealand, Asia, and internationally. It operates in two segments, Core and Licensing. The company offers games under the Warhammer: Age of Sigmar, Necromunda, and Warhammer 40,000 names, as well as Horus Heresy and Blood Bowl. It also publishes short stories, audio dramas, full length novels, and audio books under the Black Library name; and develops digital content for animation and TV.