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

Key Points

• DeNA shares experienced a significant gap up, opening at $18.68 after a previous close of $14.75.
• The company reported quarterly earnings of $0.70 per share, which missed analysts' expectations of $0.82 and had revenues lower than anticipated at $289.54 million.
• DeNA has a market capitalization of $2.08 billion and a low debt-to-equity ratio of 0.02, indicating a strong financial position.

Shares of DeNA Co (OTCMKTS:DNACF - Get Free Report) gapped up prior to trading on Tuesday . The stock had previously closed at $14.75, but opened at $18.68. DeNA shares last traded at $18.68, with a volume of 1 shares changing hands.

DeNA Price Performance

The firm has a market capitalization of $2.08 billion, a P/E ratio of 9.53 and a beta of -0.27. The company has a fifty day moving average of $15.72 and a 200 day moving average of $18.40. The company has a debt-to-equity ratio of 0.02, a current ratio of 1.80 and a quick ratio of 1.80.

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

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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