DeNA (OTCMKTS:DNACF) Shares Down 20% - Should You Sell?

Key Points

• DeNA shares fell 20% to $14.00, down from a previous closing price of $17.50, signaling a significant market reaction.
• The company's latest earnings report showed missed expectations, with earnings per share of $0.70 compared to a consensus estimate of $0.82 and revenue below estimates at $289.54 million.
• DeNA holds a market capitalization of $1.56 billion and has a low debt-to-equity ratio of 0.02, indicating strong financial stability relative to its size.

DeNA Co (OTCMKTS:DNACF - Get Free Report) shares dropped 20% on Tuesday . The company traded as low as $14.00 and last traded at $14.00. Approximately 3 shares changed hands during trading, The stock had previously closed at $17.50.

DeNA Price Performance

The company's 50-day simple moving average is $17.12 and its 200-day simple moving average is $20.61. The stock has a market capitalization of $1.56 billion, a P/E ratio of 7.14 and a beta of -0.16. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.80 and a quick ratio of 1.61.

DeNA (OTCMKTS:DNACF - Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The company reported $0.70 earnings per share for the quarter, missing analysts' consensus estimates of $0.82 by ($0.12). The business had revenue of $289.54 million during the quarter, compared to the consensus estimate of $325.68 million. DeNA had a net margin of 18.81% and a return on equity of 13.06%.

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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