Network News: 2016 January GW Market Watch
Warning
Network News is rated: trending land of make believe importance for this blog
Watching stocks over the short-term is often an experiment in futility; on Dec 9th 2015 we looked back at the state of Games Workshop’s stock price and general financial health.
It has been over a month since the bi-annual report came and went, now things have settled down in GW stock land. As the slow retail winter months drag on, what if anything can we expect from GW? Will the continued downturn in China’s economy finally catch up, hurting a pretty insulated stock like GW?
To find some answers we can look at the stock price over the last month and see what effect global market events are having on our small GW fry.
All across the globe markets are feeling the pain, take a look at how GW has done over the same time period.
Here is where the stock stands.
As you can see the stock recovered a bit from the annual report which fell mostly do the slash in dividends handed out, but once the China crash hit GW stock started to fall again. It is still down about 10 points from the new year.
How though is GW doing comparable to last year?
Not much better! It looks like a lot of work for nothing as the stock is only up 5 points from last year this same time. The stock has lost almost 100 points since a high on January 6th, 2016.
Looking forward we won’t know how much (admitted to) lackluster holiday sales is playing with says this last month. I can’t imagine things are much better as January saw more Sigmar releases hardly anyone cared for. The start collecting sets though might have be keeping things even..
As for the GW investor site there is pretty much nothing to report. It is hard to believe, but we are already less than 5 months away from the next GW report and it could be a telltale sign for the future of the company, but don’t we always say that…