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Bandai Namco (OTCMKTS:NCBDY) Trading Down 4.8% - Here's What Happened

Bandai Namco logo with Consumer Cyclical background

Key Points

  • Bandai Namco Holdings Inc. shares experienced a significant decline of 4.8% on Monday, trading as low as C$17.76, with a total volume of 19,232 shares traded, which is a 9% decrease from the average.
  • Analysts from Zacks Research have upgraded Bandai Namco to a "hold" rating, contributing to a consensus rating of "Hold" from investment analysts.
  • The company has a market capitalization of C$23.04 billion and is involved in various entertainment-related products and services across multiple business segments.
  • Want stock alerts on Bandai Namco? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Bandai Namco Holdings Inc. - Unsponsored ADR (OTCMKTS:NCBDY - Get Free Report) shares traded down 4.8% on Monday . The company traded as low as C$17.76 and last traded at C$17.80. 19,232 shares were traded during mid-day trading, a decline of 9% from the average session volume of 21,101 shares. The stock had previously closed at C$18.69.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded Bandai Namco to a "hold" rating in a report on Friday, August 15th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the company currently has a consensus rating of "Hold".

View Our Latest Analysis on Bandai Namco

Bandai Namco Stock Performance

The business has a fifty day simple moving average of C$16.93 and a 200 day simple moving average of C$16.72. The stock has a market cap of C$23.04 billion and a price-to-earnings ratio of 0.29.

About Bandai Namco

(Get Free Report)

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.

See Also

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