Bandai Namco (OTCMKTS:NCBDY) Shares Gap Down - Should You Sell?

Key Points

• Bandai Namco's stock gapped down from C$17.02 to C$16.40 before closing at C$16.92, with a trading volume of 6,929 shares.
• Zacks Research has upgraded Bandai Namco to a "hold" rating, with a consensus rating of "hold" among analysts.
• The company's market capitalization stands at C$21.91 billion, featuring a price-to-earnings ratio of 0.28.

Bandai Namco Holdings Inc. - Unsponsored ADR (OTCMKTS:NCBDY - Get Free Report) shares gapped down before the market opened on Tuesday . The stock had previously closed at C$17.02, but opened at C$16.40. Bandai Namco shares last traded at C$16.92, with a volume of 6,929 shares trading hands.

Analysts Set New Price Targets

Separately, Zacks Research raised Bandai Namco to a "hold" rating in a research note on Friday, August 15th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Bandai Namco currently has an average rating of "Hold".

Bandai Namco Price Performance

The stock has a market capitalization of C$21.85 billion and a P/E ratio of 0.28. The firm has a fifty day moving average of C$16.95 and a two-hundred day moving average of C$16.80.

Bandai Namco Company Profile

BANDAI NAMCO Holdings Inc develops entertainment-related products and services worldwide. The company operates through four segments: Digital Business, Toys and Hobby Business, IP Production Business, and Amusement Business. It offers toys, capsule and candy toys, cards, confectionery products, food, apparel, sundries, plastic models, figures, consumer electronics, stationery and visual products, pachinko and pachislot machines, medical and electronic-related equipment, playground equipment, bicycles, furniture, robot toys, prizes, and other products; and contract services for inspecting and testing.