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DeNA (OTCMKTS:DNACF) Shares Gap Up - Still a Buy?

DeNA logo with Computer and Technology background

Key Points

  • DeNA Co shares have experienced a 7% increase, gapping up to $17.50 from a previous close of $16.35 prior to trading on Monday.
  • In its recent quarterly earnings report, DeNA posted $0.50 earnings per share, significantly exceeding analysts' expectations of $0.12.
  • Despite the earnings beat, DeNA's revenue of $315.10 million fell short of the anticipated $346.94 million.
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DeNA Co (OTCMKTS:DNACF - Get Free Report)'s stock price gapped up prior to trading on Monday . The stock had previously closed at $16.35, but opened at $17.50. DeNA shares last traded at $17.50, with a volume of 250 shares traded.

DeNA Trading Up 7.0%

The company has a market cap of $1.95 billion, a price-to-earnings ratio of 12.15 and a beta of -0.16. The company's fifty day moving average is $18.02 and its two-hundred day moving average is $20.70. The company has a debt-to-equity ratio of 0.02, a quick ratio of 1.61 and a current ratio of 1.61.

DeNA (OTCMKTS:DNACF - Get Free Report) last released its quarterly earnings results on Friday, May 9th. The company reported $0.50 earnings per share (EPS) for the quarter, beating 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 analysts' expectations of $346.94 million.

DeNA Company Profile

(Get Free Report)

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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