Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) was the target of a large increase in short interest during the month of May. As of May 31st, there was short interest totalling 394,800 shares, an increase of 92.6% from the May 15th total of 205,000 shares. Currently, 0.3% of the company's stock are sold short. Based on an average daily trading volume, of 400 shares, the days-to-cover ratio is currently 987.0 days.
Square Enix Price Performance
OTCMKTS:SQNXF traded up $2.75 during midday trading on Tuesday, reaching $66.75. The stock had a trading volume of 420 shares, compared to its average volume of 604. The stock has a market capitalization of $8.01 billion, a P/E ratio of 99.63 and a beta of 0.56. Square Enix has a 1-year low of $28.00 and a 1-year high of $66.75. The firm's fifty day simple moving average is $56.06 and its 200-day simple moving average is $47.38.
Square Enix (OTCMKTS:SQNXF - Get Free Report) last announced its earnings results on Wednesday, May 14th. The company reported $0.06 earnings per share for the quarter, missing the consensus estimate of $0.21 by ($0.15). Square Enix had a net margin of 3.52% and a return on equity of 10.63%. The business had revenue of $506.53 million for the quarter, compared to the consensus estimate of $531.54 million. On average, equities research analysts anticipate that Square Enix will post 1.71 earnings per share for the current fiscal year.
Analyst Ratings Changes
Separately, The Goldman Sachs Group began coverage on shares of Square Enix in a research note on Tuesday, March 25th. They issued a "sell" rating for the company.
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Square Enix Company Profile
(
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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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