Games Workshop Group (LON:GAW) Stock Passes Below 50 Day Moving Average – Should You Sell?

Games Workshop Group PLC (LON:GAW) passed below its fifty day moving average during trading on Monday . The stock has a fifty day moving average of £188.68 and traded as low as £175.50. Games Workshop Group shares last traded at £177.35, with a volume of 74,635 shares traded.

Analysts Set New Price Targets

A number of research analysts have recently commented on GAW shares. Jefferies Financial Group lifted their price objective on shares of Games Workshop Group from £210 to £218.50 and gave the company a “buy” rating in a research report on Monday, January 19th. Peel Hunt upgraded Games Workshop Group to a “buy” rating and lifted their price target for the stock from £165 to £180 in a report on Thursday, November 20th. Two equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of £199.25.

Games Workshop Group Price Performance

The company’s 50-day moving average price is £188.68 and its two-hundred day moving average price is £166.04. The company has a debt-to-equity ratio of 18.77, a current ratio of 3.29 and a quick ratio of 2.33. The company has a market capitalization of £5.93 billion, a P/E ratio of 30.24, a price-to-earnings-growth ratio of 0.41 and a beta of 1.25.

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%. As a group, sell-side analysts expect that Games Workshop Group PLC will post 448.9953023 EPS for the current year.

Insider Buying and Selling at Games Workshop Group

In other news, insider Kevin Rountree purchased 100 shares of the company’s stock in a transaction that occurred on Friday, November 21st. The stock was acquired at an average cost of £184 per share, with a total value of £18,400. 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.