Games Workshop Group (LON:GAW) Stock Price Crosses Above 50 Day Moving Average – What’s Next?

Shares of Games Workshop Group PLC (LON:GAW) passed above its 50 day moving average during trading on Friday . The stock has a 50 day moving average of £180.68 and traded as high as £190.70. Games Workshop Group shares last traded at £184.40, with a volume of 2,319,529 shares traded.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Peel Hunt raised shares of Games Workshop Group to a “buy” rating and lifted their price target for the company from £165 to £180 in a research note on Thursday, November 20th. Jefferies Financial Group lifted their target price on Games Workshop Group from £118.50 to £183 and gave the company a “buy” rating in a research report on Wednesday, November 12th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, Games Workshop Group currently has a consensus rating of “Buy” and an average price target of £181.50.

Games Workshop Group Price Performance

The firm’s 50-day moving average price is £180.68 and its two-hundred day moving average price is £163.45. The stock has a market cap of £6.09 billion, a PE ratio of 31.07, a PEG ratio of 0.41 and a beta of 1.25. The company has a current ratio of 3.29, a quick ratio of 2.33 and a debt-to-equity ratio of 18.77.

Insiders Place Their Bets

In related news, insider Kevin Rountree bought 100 shares of the stock in a transaction on Friday, November 21st. The stock was bought at an average price of £184 per share, for a total transaction of £18,400. 7.93% of the stock is currently owned by corporate 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.