Games Workshop Market Watch for August 2018
Watching stocks over the short-term is often an experiment in futility; on August 1st 2018 we looked back at the state of Games Workshop’s stock price and general financial health today we do the same…
We are entering some boring times for Games Workshop stocks, with the Annual report out we won’t see anything crazy from Games Workshop’s stock, as it likely just follow global trends more than anything. In July 2018 we saw the stock down a bit of a hit, as investors cashed in on the high flying stock.
Let us see if the stock recovered any in the August 2018.
As you can see the stock is up very nicely almost another 23% , this easily negated the stock loses in July. This gives us a year to date chart that looks like this…
As you can see the stock has never been higher up almost 30% from the beginning of the year, there is really no end in sight for new highs. Now with a few years of data is pretty clear Games Workshop serendipitous took advantage of Brexit and the monetary fallout, and now seems poised even with a stronger Pound to keep the good times rolling.
As alluded to at the top, we are in the slow news period for Games Workshop, with only Christmas revenue on the horizon that could make things more volatile, as such Games Workshop’s investor page didn’t have anything new to report for August.
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