Games Workshop Group (LON:GAW) Hits New 12-Month High - Here's Why

Key Points

• Shares hit a new 52-week high, trading as high as £201.92 and last at £200.10 (up about 1.9%) on a volume of 617,166 shares.
• Analyst boost: Jefferies raised its price target to £218.50 and kept a "Buy" rating; the consensus rating is "Buy" with an average target of £199.25.
• Solid fundamentals and insider activity: the company shows strong liquidity (quick ratio 2.33, current ratio 3.83) and low leverage (debt/equity 27.35), market cap £6.71bn and P/E ~32.5, while an insider bought 110 shares and insiders own 7.93%.

Shares of Games Workshop Group PLC (LON:GAW - Get Free Report) reached a new 52-week high on Wednesday . The company traded as high as £201.92 and last traded at £200.10, with a volume of 617166 shares. The stock had previously closed at £199.25.

Analyst Ratings Changes

Separately, Jefferies Financial Group lifted their price objective on Games Workshop Group from £210 to £218.50 and gave the company a "buy" rating in a report on Monday, January 19th. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the stock presently has a consensus rating of "Buy" and an average price target of £199.25.

Games Workshop Group Stock Up 1.9%

The company has a quick ratio of 2.33, a current ratio of 3.83 and a debt-to-equity ratio of 27.35. The business has a fifty day simple moving average of £181.99 and a two-hundred day simple moving average of £178.45. The company has a market capitalization of £6.71 billion, a price-to-earnings ratio of 32.51, a P/E/G ratio of 0.41 and a beta of 0.95.

Insider Activity

In other news, insider Mark Lam bought 110 shares of the business's stock in a transaction dated Wednesday, March 11th. The stock was bought at an average price of £171.39 per share, for a total transaction of £18,852.90. Company insiders own 7.93% of the company's stock.

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.

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