Square Enix (OTCMKTS:SQNXF) Hits New 52-Week High - What's Next?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) reached a new 52-week high on Friday . The stock traded as high as $68.60 and last traded at $68.60, with a volume of 227 shares trading hands. The stock had previously closed at $66.75.

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group assumed coverage on shares of Square Enix in a research report on Tuesday, March 25th. They issued a "sell" rating for the company.

Square Enix Price Performance

The firm has a market capitalization of $8.19 billion, a P/E ratio of 51.67 and a beta of 0.56. The company's 50 day moving average price is $57.74 and its 200 day moving average price is $48.03.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last released its quarterly earnings data 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 net margin of 7.45% and a return on equity of 7.72%. On average, research analysts anticipate that Square Enix Holdings Co., Ltd. will post 1.71 EPS for the current fiscal year.

About Square Enix

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.