Bandai Namco (OTCMKTS:NCBDY) Trading Up 1% - What's Next?

Key Points

• Bandai Namco Holdings Inc. saw a stock increase of 1% on Friday, trading at approximately C$16.42 with a market capitalization of C$21.25 billion.
• Analysts from Zacks Research have upgraded the company's rating to a "hold," reflecting a cautious outlook on the stock.
• The stock has a low PE ratio of 0.27 and is currently rated as a "hold" on average by analysts, indicating mixed investor sentiment.

Bandai Namco Holdings Inc. - Unsponsored ADR (OTCMKTS:NCBDY - Get Free Report) traded up 1% during trading on Friday . The company traded as high as C$16.48 and last traded at C$16.42. 17,071 shares changed hands during trading, a decline of 46% from the average session volume of 31,872 shares. The stock had previously closed at C$16.26.

Wall Street Analysts Forecast Growth

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

Bandai Namco Stock Up 1.0%

The company has a market capitalization of C$21.25 billion and a PE ratio of 0.27. The company has a 50-day moving average price of C$17.19 and a two-hundred day moving average price of C$16.76.

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.

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