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Nintendo (OTCMKTS:NTDOY) Reaches New 12-Month High - Should You Buy?

Nintendo logo with Consumer Discretionary background

Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report)'s share price reached a new 52-week high on Tuesday . The stock traded as high as $21.90 and last traded at $21.90, with a volume of 846545 shares trading hands. The stock had previously closed at $21.69.

Wall Street Analysts Forecast Growth

NTDOY has been the subject of a number of research reports. Citigroup began coverage on shares of Nintendo in a research note on Friday. They set a "buy" rating for the company. The Goldman Sachs Group began coverage on Nintendo in a research report on Tuesday, March 25th. They set a "buy" rating for the company.

Check Out Our Latest Research Report on Nintendo

Nintendo Stock Up 1.0 %

The stock has a market cap of $113.77 billion, a P/E ratio of 48.67 and a beta of 0.61. The firm's 50-day moving average is $18.13 and its two-hundred day moving average is $16.15.

Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.01). Nintendo had a net margin of 25.83% and a return on equity of 12.14%. Analysts anticipate that Nintendo Co., Ltd. will post 0.44 earnings per share for the current fiscal year.

Institutional Trading of Nintendo

Several large investors have recently made changes to their positions in the stock. First Horizon Advisors Inc. boosted its position in Nintendo by 192.5% during the first quarter. First Horizon Advisors Inc. now owns 1,825 shares of the company's stock worth $31,000 after purchasing an additional 1,201 shares during the period. Appleton Partners Inc. MA boosted its holdings in shares of Nintendo by 1.5% during the 1st quarter. Appleton Partners Inc. MA now owns 130,744 shares of the company's stock worth $2,245,000 after buying an additional 1,969 shares during the period. GAMMA Investing LLC grew its stake in Nintendo by 24.1% in the 1st quarter. GAMMA Investing LLC now owns 16,062 shares of the company's stock valued at $276,000 after buying an additional 3,114 shares during the last quarter. Sterling Capital Management LLC bought a new position in Nintendo in the 4th quarter worth $605,000. Finally, Generali Investments CEE investicni spolecnost a.s. bought a new stake in Nintendo during the fourth quarter valued at about $2,633,000. Institutional investors own 0.02% of the company's stock.

Nintendo Company Profile

(Get Free Report)

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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