The battle of stonks
I joined the sub about 2 months ago, and GME and AMC are the most discussed stocks in this sub. So, I decided to do some research on my own about these 2. I must warn you that in my calculations shown below, I didn't include the preferred dividend, because I couldn't find relative data. So, my calculations are probably inaccurate, but I hope they approximate the exact values.
GME is listed on NYSE since 1996, it reached its lowest value on the 3rd of April, in 2020, having a price of $0.70 and it reached its highest value on the 27nth of January, in 2021, having a value of $86.88. Its current price is $40.02, and based on the companiesmarketcap.com, its market cap is $12.18 billions and its earnings are -$0.49 billions. Based on these, I found the following calculations;
Outstanding shares = 304,347,826 EPS = -1.61 PE ratio = -24.85
AMC is listed on NYSE since 2014, its lowest price was $1.98 on 5th of January, in 2021, and its highest price was $62.55 on 2nd of June, also in 2021. Its present price is $22.18, it has a market cap of $$11.38 billions and its earnings are -$0.66 billions, based on the site mentioned above. Based on these facts, I derived the following calculations;
Outstanding shares = 513,074,842 EPS = -1.28 PE ratio = -17.24
I know it's not very thorough research, but what do you think about my calculations?
Submitted August 06, 2022 at 04:54PM by konstantinos2000
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