Games Workshop Group (LON:GAW) Stock Price Crosses Below 200 Day Moving Average – Should You Sell?

Games Workshop Group PLC (LON:GAW)’s stock price passed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of £189.48 and traded as low as £185.60. Games Workshop Group shares last traded at £186.60, with a volume of 8,953,068 shares traded.

Analyst Upgrades and Downgrades

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

Games Workshop Group Price Performance

The stock has a market capitalization of £6.14 billion, a price-to-earnings ratio of 29.83, a PEG ratio of 0.41 and a beta of 0.91. The company has a debt-to-equity ratio of 16.70, a quick ratio of 2.33 and a current ratio of 3.63. The company has a 50 day moving average of £200.25 and a 200 day moving average of £189.57.

Games Workshop Group (LON:GAW) last posted 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 anticipate that Games Workshop Group PLC will post 448.9953023 EPS for the current year.

Insider Buying and Selling at Games Workshop Group

In other news, insider Kevin Rountree bought 2,034 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average cost of £193.88 per share, for a total transaction 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.