Network News: 2016 April GW Market Watch

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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 April 1st 2016 we looked back at the state of Games Workshop’s stock price and general financial health…

Everything seems to be in a holding pattern for Games Workshop and global markets. Games Workshop though has been on a positive PR campaign of late providing customer feedback and doing things we didn’t think were possible just six months ago. How this will effect the bottom line, we won’t know for at least a few quarters.

In the meantime, let us see what is going on in the now, as it pertains to Games Workshop stock price.

As everyone was waiting for GDP reports from various countries GW was just riding with mediocrity. Here take a look at the up and down month of April.

GW is down another half a percent for the month of April. This is an improvement from a 7% drop in March. still the stock is below 500 and that isn’t good.

How does this compare year to year?

Year to Year GW is still down over 4% and the pattern isn’t looking great, with the downward trend continuing from the beginning of the year. To make matters worse, GW used its trusty method for raising its stock failed mightily.

On April 20th GW issued (well ahead of schedule) a Dividend for June 3rd, for investors who registered by April 29th. This resulted in a spike for the stock, but it quickly faded. This is bad sign by any measure as investors might actually be looking at GW more closely and not tempted buy this sort of bait. Why did GW issue this Dividend so early, when they typically do it around the annual reports right before or after? We are only a few months away from finding out that answer, depending on the next financial report most likely in June.