Games Workshop Group (LON:GAW) Shares Up 1.5% – Here’s What Happened

Shares of Games Workshop Group PLC (LON:GAW) were up 1.5% during trading on Wednesday. The stock traded as high as £168.30 and last traded at £167. Approximately 52,901 shares traded hands during mid-day trading, a decline of 94% from the average session volume of 830,285 shares. The stock had previously closed at £164.50.

Wall Street Analysts Forecast Growth

Separately, Jefferies Financial Group reiterated a “buy” rating and issued a £218.50 price objective on shares of Games Workshop Group in a research note on Wednesday, July 29th. Two research analysts have rated the stock with a Buy rating. Based on data from MarketBeat, Games Workshop Group has a consensus rating of “Buy” and an average target price of £199.25.

Games Workshop Group Price Performance

The stock has a 50 day simple moving average of £169.74 and a two-hundred day simple moving average of £184.01. The firm has a market cap of £5.57 billion, a PE ratio of 27.04, a price-to-earnings-growth ratio of 0.41 and a beta of 0.90. The company has a debt-to-equity ratio of 16.70, a quick ratio of 2.33 and a current ratio of 3.63.

Insider Activity

In related news, insider Nilufer Kheraj purchased 143 shares of Games Workshop Group stock in a transaction that occurred on Thursday, October 15th. The stock was bought at an average cost of £171.10 per share, for a total transaction of £24,467.30. Also, insider Mark Lam purchased 120 shares of the firm’s stock in a transaction on Wednesday, October 21st. The stock was bought at an average cost of £168.91 per share, with a total value of £20,269.20. 7.94% of the stock is owned by company insiders.

About Games Workshop Group

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.