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

Key Points

• Games Workshop Group PLC's stock has fallen below its 200-day moving average of £152.81, trading at £142.81, raising concerns for investors.
• Analysts maintain a “Buy” rating with a consensus price target of £165, suggesting potential for recovery despite current declines.
• Recent insider purchases totaled over £458,000, indicating confidence from company executives in the stock's future performance.

Games Workshop Group PLC (LON:GAW - Get Free Report) shares passed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of £152.81 ($206.00) and traded as low as £140.70 ($189.67). Games Workshop Group shares last traded at £142.81 ($192.52), with a volume of 53,532 shares trading hands.

Wall Street Analyst Weigh In

Separately, Peel Hunt reissued an "add" rating and issued a £165 target price on shares of Games Workshop Group in a research note on Wednesday, September 17th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus price target of £165.

Games Workshop Group Trading Up 0.0%

The stock's fifty day moving average price is £152.83 and its 200 day moving average price is £152.81. 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 stock has a market capitalization of £4.71 billion, a P/E ratio of 2,406.26, a PEG ratio of 0.41 and a beta of 1.25.

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

Insider Transactions at Games Workshop Group

In related news, insider Elizabeth Harrison purchased 475 shares of the business's stock in a transaction dated Friday, August 1st. The shares were purchased at an average cost of £163.03 per share, for a total transaction of £77,439.25. Also, insider Kevin Rountree purchased 2,345 shares of the business's stock in a transaction dated Friday, August 1st. The stock was bought at an average price of £162.50 per share, for a total transaction of £381,062.50. Over the last 90 days, insiders bought 2,924 shares of company stock worth $47,478,919. 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.

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