|Bid||20.550 x 800|
|Ask||20.560 x 700|
|Day's Range||20.270 - 20.660|
|52 Week Range||20.100 - 32.670|
|PE Ratio (TTM)||6.13|
|Dividend & Yield||1.52 (7.40%)|
|1y Target Est||N/A|
Video game stocks generally don’t pay decent dividends, but these three stocks break the mold.
GameStop Corp. is selling game publisher Kongregate in a deal with a $55 million enterprise value. According to a statement from GameStop (GME), Swedish digital entertainment, e-sports and gaming company Modern Times Group is acquiring San Francisco-based Kongregate, which sold itself to GameStop in 2010. “We believe the sale of Kongregate to MTG is good for both Kongregate and GME,” GameStop added.
Yikes! Year to date, electronics retailers have seen a 19% slip.