GAN Limited [GAN] stock prices are up 0.51% to $1.97 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The GAN shares have gain 5.91% over the last week, with a monthly amount glided 13.22%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
GAN Limited [NASDAQ: GAN] stock has seen the most recent analyst activity on November 09, 2023, when Macquarie downgraded its rating to a Neutral. Previously, Northland Capital downgraded its rating to Market Perform on March 23, 2022. On August 10, 2021, Jefferies initiated with a Buy rating and assigned a price target of $21 on the stock. Craig Hallum downgraded its rating to a Hold but $20 remained the price target by the analyst firm on March 26, 2021. In a note dated June 04, 2020, Macquarie initiated an Outperform rating and provided a target price of $24 on this stock.
The stock price of GAN Limited [GAN] has been fluctuating between $1.29 and $1.97 over the past year. GAN Limited [NASDAQ: GAN] shares were valued at $1.97 at the most recent close of the market.
Analyzing the GAN fundamentals
The GAN Limited [NASDAQ:GAN] reported sales of 133.71M for trailing twelve months, representing a drop of -4.19%. Gross Profit Margin for this corporation currently stands at 0.67% with Operating Profit Margin at -0.03%, Pretax Profit Margin comes in at -0.08%, and Net Profit Margin reading is -0.08%. To continue investigating profitability, this company’s Return on Assets is posted at -0.14, Equity is 0.98 and Total Capital is -0.11. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.13.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.9633 points at the first support level, and at 1.9567 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.9733, and for the 2nd resistance point, it is at 1.9767.
Ratios To Look Out For
It’s worth pointing out that GAN Limited [NASDAQ:GAN]’s Current Ratio is 1.57. As well, the Quick Ratio is 1.57, while the Cash Ratio is 1.22. Considering the valuation of this stock, the price to sales ratio is 0.68.
