Games Workshop Group (LON:GAW) Shares Cross Below 200-Day Moving Average – What’s Next?

Shares of Games Workshop Group PLC (LON:GAW) passed below its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of £167.09 and traded as low as £165.20. Games Workshop Group shares last traded at £169.10, with a volume of 6,145,400 shares trading hands.

Analyst Ratings Changes

A number of brokerages have issued reports on GAW. Jefferies Financial Group boosted their price target on shares of Games Workshop Group from £210 to £218.50 and gave the company a “buy” rating in a report on Monday, January 19th. Peel Hunt raised Games Workshop Group to a “buy” rating and upped their target price for the stock from £165 to £180 in a research report on Thursday, November 20th. Two research analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, Games Workshop Group has a consensus rating of “Buy” and an average target price of £199.25.

Games Workshop Group Stock Up 1.5%

The stock has a market capitalization of £5.59 billion, a P/E ratio of 27.08, a price-to-earnings-growth ratio of 0.41 and a beta of 1.25. The firm has a 50 day moving average of £182 and a 200-day moving average of £167.09. The company has a debt-to-equity ratio of 18.77, a current ratio of 3.29 and a quick ratio of 2.33.

Games Workshop Group (LON:GAW) last announced its quarterly earnings results on Tuesday, January 13th. The company reported GBX 319.90 EPS for the quarter. Games Workshop Group had a net margin of 28.74% and a return on equity of 60.82%. On average, equities research analysts expect that Games Workshop Group PLC will post 448.9953023 earnings per share for the current fiscal year.

Insider Transactions at Games Workshop Group

In related news, insider Kevin Rountree acquired 124 shares of the company’s stock in a transaction dated Wednesday, January 28th. The shares were bought at an average cost of £176.51 per share, with a total value of £21,887.24. 7.93% of the stock is 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.