Today’s Research Reports on Trending Tickers: Gamestop Corporation and Nintendo Co.
U.S. markets saw a mixed Monday as health-care and consumer-staples stocks slumped, dragging down the Dow Jones and S&P 500, while the technology sector extended gains in early trading Monday lifting the Nasdaq to a new intra-day record. The Dow Jones Industrial Average declined 0.36 percent to close at 23,348.74, while the S&P 500 Index fell 0.32 percent to close at 2,572.83. The Nasdaq Composite Index hit a high of 6,727.39 before settling to close at 6,698.96, a decrease of 0.03 percent. Corporate earnings remain a key focus for investors. As of Friday, more than 50 percent of the S&P 500 Index has reported earnings, with 76 percent of them topping estimates on the bottom line and 67 percent of them topping sales expectations, according to FactSet.
RDI Initiates Coverage on:
Nintendo Co., Ltd.
Gamestop Corporation’s stock moved 2.95% lower Monday, to close the day at $18.77. The stock recorded a trading volume of 2,251,862 shares, which was below its three months average volume of 2,281,360 shares. In the last year, Gamestop Corporation’s shares have traded in a range of 18.47 – 26.84. The stock is currently trading 30.08% below its 52 week high. The company’s shares are currently trading below their 200-day moving average. The stock’s 50-day moving average of $20.02 is below its 200-day moving average of $21.38. Shares of Gamestop Corporation are trading at a Price to Earnings ratio of 5.65. Shares of Gamestop have fallen approximately 25.69 percent year-to-date.
Access RDI’s Gamestop Corporation Research Report at:
On Monday, shares in Nintendo Co., Ltd. recorded a trading volume of 1,263,952 shares, which was above the three months average volume of 414,098 shares. The stock ended the day 6.75% higher at 50.88. The share price has gained 110.93% from its 52 week low with a 52 week trading range of 24.12 – 51.74.The company’s shares are currently trading above their 200-day moving average. The stock’s 50-day moving average of $46.71 is at its 200-day moving average of $40.47. Shares of Nintendo Co., Ltd. have gained approximately 96.05 percent year-to-date.
Access RDI’s Nintendo Co., Ltd. Research Report at:
Our Actionable Research on Gamestop Corporation (NYSE:GME) and Nintendo Co., Ltd. (OTCMKTS:NTDOY) can be downloaded free of charge at Research Driven Investing.
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