DeNA (OTCMKTS:DNACF) Sees Strong Trading Volume - Should You Buy?

Key Points

• DeNA Co experienced a significant increase in trading volume, with approximately 900 shares traded on Friday, marking a 77% rise from the previous session.
• The company reported earnings of $0.50 per share, exceeding analysts' expectations of $0.12, indicating a strong quarter despite revenue falling short of estimates.
• DeNA's current market capitalization stands at $1.82 billion, with a P/E ratio of 11.35 and a low debt-to-equity ratio of 0.02.
• Despite a net margin of 14.75% and a return on equity of 10.39%, the stock price has seen a decrease of 0.9% recently.

Shares of DeNA Co (OTCMKTS:DNACF - Get Free Report) saw unusually-high trading volume on Friday . Approximately 900 shares were traded during mid-day trading, an increase of 77% from the previous session's volume of 509 shares.The stock last traded at $16.35 and had previously closed at $16.50.

DeNA Stock Down 0.9%

The stock's fifty day moving average is $18.15 and its 200 day moving average is $20.68. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.02. The company has a market capitalization of $1.82 billion, a P/E ratio of 11.35 and a beta of -0.16.

DeNA (OTCMKTS:DNACF - Get Free Report) last released its earnings results on Friday, May 9th. The company reported $0.50 earnings per share for the quarter, topping analysts' consensus estimates of $0.12 by $0.38. DeNA had a net margin of 14.75% and a return on equity of 10.39%. The firm had revenue of $315.10 million for the quarter, compared to the consensus estimate of $346.94 million.

About DeNA

DeNA Co, Ltd. develops and operates mobile and online services worldwide. It operates Mobage, an entertainment platform; Yahoo! Mobage, which offers social games for PC browsers; AndApp, a platform that allows users to play mobile game apps on PC browsers under the same user account; Pococha, a social live streaming community; and IRIAM, an app which allows to livestream as an anime character.

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