DeNA (OTCMKTS:DNACF) Trading Down 5% - Time to Sell?

Key Points

• DeNA's stock price dropped by 5% from its previous close, trading at $14.75 with an unusually high volume of 901 shares.
• The company reported earnings per share of $0.70, missing analysts' expectations of $0.82, alongside quarterly revenue of $289.54 million compared to projected figures of $325.68 million.
• DeNA has a strong balance sheet with a debt-to-equity ratio of 0.02 and a market capitalization of $1.64 billion, indicating low risk in terms of financial leverage.

DeNA Co (OTCMKTS:DNACF - Get Free Report)'s stock price traded down 5% on Tuesday . The company traded as low as $14.75 and last traded at $14.75. 901 shares were traded during mid-day trading, an increase of 8,777% from the average session volume of 10 shares. The stock had previously closed at $15.53.

DeNA Trading Down 5.0%

The stock's 50 day moving average is $16.60 and its two-hundred day moving average is $19.75. The company has a market capitalization of $1.64 billion, a PE ratio of 7.53 and a beta of -0.27. The company has a quick ratio of 1.80, a current ratio of 1.80 and a debt-to-equity ratio of 0.02.

DeNA (OTCMKTS:DNACF - Get Free Report) last released its quarterly earnings data 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). DeNA had a return on equity of 13.06% and a net margin of 18.81%.The business had revenue of $289.54 million during the quarter, compared to analysts' expectations of $325.68 million.

DeNA Company Profile

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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