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GameStop Over 200-day MA
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GameStop Corp. (GME) advanced more than 3% in afternoon trading to go past its 200-day moving average of $30.60. This Zacks#2 Rank (“Buy”) stock has topped the consensus estimate in each of the last 4 quarters with an average surprise of 11.96%, or 4 cents per share. With a P/E of 12.5X, GameStop still trades at a discount to its peers.
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| Market Summary | Feb 10, 2012 03:51 am ET |
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