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

Games Workshop Group PLC (LON:GAW) passed below its two hundred day moving average during trading on Thursday . The stock has a two hundred day moving average of £190.20 and traded as low as £183.10. Games Workshop Group shares last traded at £184.09, with a volume of 49,759 shares traded.

Analyst Ratings Changes

Separately, Jefferies Financial Group reiterated a “buy” rating and issued 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.com, Games Workshop Group currently has an average rating of “Buy” and a consensus target price of £199.25.

Games Workshop Group Trading Up 0.5%

The company’s 50-day moving average is £198.45 and its 200 day moving average is £190.16. The company has a current ratio of 3.63, a quick ratio of 2.33 and a debt-to-equity ratio of 16.70. The firm has a market cap of £6.09 billion, a PE ratio of 29.59, a P/E/G ratio of 0.41 and a beta of 0.91.

Games Workshop Group (LON:GAW) last posted its quarterly earnings data on Tuesday, July 28th. The company reported GBX 624 earnings per share for the quarter. Games Workshop Group had a net margin of 31.23% and a return on equity of 62.95%. As a group, sell-side 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 purchased 2,034 shares of the company’s stock in a transaction that occurred on Monday, August 3rd. The shares were purchased at an average cost of £193.88 per share, with a total value of £394,351.92. Corporate 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.