Games Workshop Group (LON:GAW) Share Price Passes Above 50-Day Moving Average – Time to Sell?

Games Workshop Group PLC (LON:GAW)’s share price crossed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of £173.06 and traded as high as £183.50. Games Workshop Group shares last traded at £180, with a volume of 87,044 shares changing hands.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group raised their target price on Games Workshop Group from £210 to £218.50 and gave the company a “buy” rating in a report on Monday, January 19th. Two research analysts have rated the stock with a Buy rating, Based on data from MarketBeat, Games Workshop Group presently has a consensus rating of “Buy” and a consensus target price of £199.25.

Games Workshop Group Stock Up 4.2%

The firm has a 50 day moving average price of £173.06 and a 200-day moving average price of £172.25. The company has a current ratio of 3.83, a quick ratio of 2.33 and a debt-to-equity ratio of 27.35. The firm has a market cap of £6.20 billion, a PE ratio of 30.03, a PEG ratio of 0.41 and a beta of 0.95.

Games Workshop Group (LON:GAW) last announced its quarterly earnings data on Tuesday, January 13th. The company reported GBX 319.90 earnings per share (EPS) for the quarter. Games Workshop Group had a return on equity of 68.80% and a net margin of 31.75%. Research analysts forecast that Games Workshop Group PLC will post 448.9953023 EPS for the current fiscal year.

Insider Activity

In related news, insider Kevin Rountree acquired 124 shares of the firm’s stock in a transaction dated Wednesday, January 28th. The stock was acquired at an average price of £176.51 per share, for a total transaction of £21,887.24. Also, insider Mark Lam acquired 110 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of £171.39 per share, with a total value of £18,852.90. Company 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.