Games Workshop Group (LON:GAW) Share Price Breaks Below Two Hundred Day Moving Average – Time to Sell?

Games Workshop Group PLC (LON:GAW – Get Free Report) shares passed below its 200-day moving average during trading on Tuesday. The stock has a 200-day moving average of £191.26 and traded as low as £179.50. Games Workshop Group shares last traded at £181.10, with a volume of 108,108 shares traded.

Analyst Ratings Changes

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

Check Out Our Latest Stock Analysis on Games Workshop Group

Games Workshop Group Stock Down 1.4%

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 stock has a market capitalization of £5.78 billion, a PE ratio of 28.10, a P/E/G ratio of 0.41 and a beta of 0.91. The stock’s fifty day simple moving average is £187.14 and its 200-day simple moving average is £191.32.

Games Workshop Group (LON:GAW – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported GBX 624 EPS 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 forecast that Games Workshop Group PLC will post 448.9953023 EPS for the current fiscal year.

Insider Transactions at Games Workshop Group

In other news, insider Kevin Rountree acquired 2,034 shares of the firm’s stock in a transaction on Monday, August 3rd. The stock was purchased at an average price of £193.88 per share, for a total transaction of £394,351.92. Insiders own 7.94% of the company’s stock.

Games Workshop Group Company Profile

(Get Free Report)

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.

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