Games Workshop reports good year
Hey friends of Warhammer and Tabletop Gaming! The company that produces all this has just reported good earnings this morning. In the past year revenue grew +10% and earnings rose +16%. This is good news! Here you can find the official announcement.
View on the chart
If we have a look at the stock it is up today +7% after the good numbers. On the longer timeframe we are in a sideways range this year after significant hikes since 2020. In the past five years we saw a rise of about +100% excluding dividends.
Conclusion
In my view the numbers today could be just the bullish impulse we need to break the sideways trend of the past months and make a return to the ATH which is about 15 percent away.
My DCA for Games Workshop is running and I am confident we will see more upside in the coming weeks and months.
What do you think? @zakludick @exptrader?
