Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) was the recipient of a large decrease in short interest during the month of May. As of May 15th, there was short interest totalling 205,000 shares, a decrease of 33.7% from the April 30th total of 309,200 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average trading volume of 400 shares, the days-to-cover ratio is currently 512.5 days.
Analysts Set New Price Targets
Separately, The Goldman Sachs Group assumed coverage on shares of Square Enix in a research report on Tuesday, March 25th. They set a "sell" rating on the stock.
Get Our Latest Stock Report on Square Enix
Square Enix Stock Performance
SQNXF stock remained flat at $63.00 during trading on Wednesday. The stock has a market capitalization of $7.56 billion, a price-to-earnings ratio of 94.03 and a beta of 0.55. The stock's 50 day moving average is $53.07 and its 200 day moving average is $45.80. Square Enix has a 52 week low of $28.00 and a 52 week high of $63.62.
Square Enix (OTCMKTS:SQNXF - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.15). The firm had revenue of $506.53 million for the quarter, compared to the consensus estimate of $531.54 million. Square Enix had a return on equity of 10.63% and a net margin of 3.52%. Analysts forecast that Square Enix will post 1.71 EPS for the current year.
About Square Enix
(
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Square Enix Holdings Co, Ltd. operates in the content and service businesses in Japan and internationally. It operates through Digital Entertainment Business, Amusement Business, Publishing Business, and Rights Property Business. The company plans, develops, sells, and manages digital entertainment content primarily in the form of computer games.
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