Games Workshop Group (LON:GAW) Shares Pass Above 50 Day Moving Average – Here’s Why

Games Workshop Group PLC (LON:GAW)’s stock price passed above its 50 day moving average during trading on Thursday . The stock has a 50 day moving average of £200.57 and traded as high as £203.60. Games Workshop Group shares last traded at £201.20, with a volume of 51,095 shares traded.

Wall Street Analyst Weigh In

Separately, Jefferies Financial Group reissued a “buy” rating and set a £218.50 price target on shares of Games Workshop Group in a report on Wednesday, June 17th. Two analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Games Workshop Group presently has a consensus rating of “Buy” and an average target price of £199.25.

Games Workshop Group Stock Down 0.3%

The company has a debt-to-equity ratio of 27.35, a current ratio of 3.83 and a quick ratio of 2.33. The firm has a market capitalization of £6.63 billion, a P/E ratio of 32.13, a PEG ratio of 0.41 and a beta of 0.93. The firm’s fifty day moving average price is £200.57 and its 200-day moving average price is £187.27.

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.