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Zacks #1 Stocks on the Move 09/18/2014

Company Name Symbol %Change
Shares of GameStop Receive a Boost, Up 1.2%

Print Share

Dec 13, 2012 (Market movers via COMTEX) -- Up 1.2% to $28.17, GameStop (NYSE:GME), is one of today's notable movers. The Dow is trading fractionally lower to 13,234 and the S&P is currently trading fractionally lower to 1,428.

In the past 52 weeks, GameStop share prices have been bracketed by a low of $15.32 and a high of $28.23 and are now at $28.17, 84% above that low price. The 200-day and 50-day moving averages have moved 0.16% lower and 1.16% higher over the past week, respectively.

GameStop Corporation operates specialty electronic game and PC entertainment software stores throughout the United States, Australia, Canada and Europe. The Company stores sell new and used video game hardware, video game software and accessories, as well as PC entertainment software, and related accessories and other merchandise.

There is potential upside of 1.8% for shares of GameStop based on a current price of $28.17 and an average consensus analyst price target of $28.68. The stock should find initial support at its 50-day moving average (MA) of $22.34 and further support at its 200-day MA of $20.87.


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