GameStop Stock Hits New 52-Week Low (GME)

NEW YORK ( TheStreet) -- GameStop (NYSE: GME) hit a new 52-week low Thursday as it is currently trading at $15.44, below its previous 52-week low of $15.47 with one million shares traded as of 12 p.m. ET. Average volume has been 3.3 million shares over the past 30 days.

GameStop has a market cap of $2.09 billion and is part of the services sector and retail industry. Shares are down 33.6% year to date as of the close of trading on Wednesday.

GameStop Corp. operates as a video game retailer. The company has a P/E ratio of 6.7, equal to the average retail industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

TheStreet Ratings rates GameStop as a hold. The company's strengths can be seen in multiple areas, such as its attractive valuation levels and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, disappointing return on equity and weak operating cash flow. You can view the full GameStop Ratings Report.

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