Games Workshop Group (LON:GAW) Stock Crosses Below 200 Day Moving Average - Should You Sell?

Key Points

• Games Workshop Group's shares fell below their 200-day moving average, trading as low as £150.10, while currently priced at £152.39.
• Analysts maintain a consensus Buy rating with a price target of £165 set by Peel Hunt, reflecting optimism about the company's prospects.
• Insiders have been actively purchasing shares, with significant transactions totaling over £458,500 in the last quarter, indicating confidence in the company's future performance.

Games Workshop Group PLC (LON:GAW - Get Free Report)'s share price passed below its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of £152.19 ($206.16) and traded as low as £150.10 ($203.33). Games Workshop Group shares last traded at £152.39 ($206.44), with a volume of 33,921 shares traded.

Analyst Upgrades and Downgrades

Separately, Peel Hunt reaffirmed an "add" rating and issued a £165 price target on shares of Games Workshop Group in a research note on Tuesday, July 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, Games Workshop Group presently has an average rating of "Buy" and a consensus price target of £165.

Games Workshop Group Trading Down 0.1%

The stock has a market capitalization of £4.98 billion, a P/E ratio of 2,545.91, a price-to-earnings-growth ratio of 0.41 and a beta of 1.25. The stock has a 50-day moving average price of £157.82 and a two-hundred day moving average price of £152.47. The company has a debt-to-equity ratio of 18.77, a quick ratio of 2.33 and a current ratio of 3.29.

Games Workshop Group (LON:GAW - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported GBX 594.90 earnings per share for the quarter. Games Workshop Group had a return on equity of 60.82% and a net margin of 28.74%. On average, research analysts forecast that Games Workshop Group PLC will post 448.9953023 EPS for the current fiscal year.

Insider Activity at Games Workshop Group

In other news, insider Kevin Rountree purchased 104 shares of the company's stock in a transaction that occurred on Friday, August 15th. The shares were bought at an average cost of £156.61 per share, for a total transaction of £16,287.44. Also, insider Elizabeth Harrison purchased 475 shares of the company's stock in a transaction that occurred on Friday, August 1st. The shares were purchased at an average price of £163.03 per share, for a total transaction of £77,439.25. Insiders have purchased 2,924 shares of company stock worth $47,478,919 over the last 90 days. 7.93% of the stock is currently owned by corporate insiders.

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.