Games Workshop Group (LON:GAW) Hits New 12-Month High – Here’s Why

Games Workshop Group PLC (LON:GAW)’s stock price reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as £201.92 and last traded at £200.10, with a volume of 617166 shares changing hands. The stock had previously closed at £199.25.

Analyst Upgrades and Downgrades

Separately, Jefferies Financial Group lifted their target price on shares of Games Workshop Group from £210 to £218.50 and gave the company a “buy” rating in a research note on Monday, January 19th. Two investment analysts have rated the stock with a Buy rating, According to data from MarketBeat, Games Workshop Group currently has an average rating of “Buy” and an average target price of £199.25.

Games Workshop Group Stock Up 1.9%

The business’s 50 day moving average price is £181.99 and its 200-day moving average price is £178.45. The company has a debt-to-equity ratio of 27.35, a current ratio of 3.83 and a quick ratio of 2.33. The company has a market cap of £6.71 billion, a P/E ratio of 32.51, a PEG ratio of 0.41 and a beta of 0.95.

Insiders Place Their Bets

In related news, insider Mark Lam acquired 110 shares of the company’s stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of £171.39 per share, for a total transaction of £18,852.90. 7.93% of the stock is owned by company insiders.

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.