Michael M. Santiago/Getty Images News
GameStop (NYSE:GME) shares were on track for their seventh straight session of gains on Monday, up 1.2% at $15.13.
The videogame retailer has lost nearly 20% in the last 12-months, compared to a 30% gain of broader S&P 500 Index.
Looking at Seeking Alpha’s Quant Ratings, GME has a Hold rating with a score of 3.22 out of 5. The company received an A for revisions, but only managed a D for both growth and momentum.
Turning to the Wall Street community, one out of two analysts rate the stock as a Hold and one rates it as a Strong Sell.
Seeking Alpha analysts at large consider the stock a Sell. According to SA analyst Harrison Schwartz, “As long as its working capital is stable, bankruptcy is very unlikely, but without a clear business model transition, a rebound appears even less likely.”
February was a favorable month for the company, with 13 sessions in the green and seven sessions in the red.
Source link
