The outlook and analysis of Allied Gaming & Entertainment Inc (AGAE)’s stock

A share price of Allied Gaming & Entertainment Inc [AGAE] is currently trading at $2.10, up 17.98%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The AGAE shares have gain 20.69% over the last week, with a monthly amount glided 127.05%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Allied Gaming & Entertainment Inc experienced fluctuations in its stock price throughout the past year between $0.61 and $2.38. Allied Gaming & Entertainment Inc [NASDAQ: AGAE] shares were valued at $2.10 at the most recent close of the market.

Analyzing the AGAE fundamentals

Trailing Twelve Months sales for Allied Gaming & Entertainment Inc [NASDAQ:AGAE] were 9.26M which represents 93.18% growth. Gross Profit Margin for this corporation currently stands at 0.25% with Operating Profit Margin at -1.19%, Pretax Profit Margin comes in at -1.21%, and Net Profit Margin reading is -1.15%. To continue investigating profitability, this company’s Return on Assets is posted at -0.08, Equity is -0.13 and Total Capital is -0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.58.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Allied Gaming & Entertainment Inc [NASDAQ:AGAE] is 2.57. In addition, the Quick Ratio stands at 2.57 and the Cash Ratio stands at 0.27. Considering the valuation of this stock, the price to sales ratio is 10.00, the price to book ratio is 1.08.

Transactions by insiders

Recent insider trading involved Choi Roy, 10% Owner, that happened on Jul 09 ’24 when 0.14 million shares were purchased. 10% Owner, Choi Roy completed a deal on Jul 10 ’24 to buy 68331.0 shares. Meanwhile, 10% Owner Choi Roy bought 0.23 million shares on Jul 02 ’24.

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