Square Enix (OTCMKTS:SQNXF) Hits New 12-Month High - Should You Buy?

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

Wall Street Analysts Forecast Growth

Separately, The Goldman Sachs Group initiated coverage on Square Enix in a research report on Tuesday, March 25th. They set a "sell" rating on the stock.

Square Enix Stock Up 2.2%

The firm has a market capitalization of $8.19 billion, a P/E ratio of 51.67 and a beta of 0.56. The business's 50-day simple moving average is $57.74 and its 200 day simple moving average is $48.13.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last released its earnings results on Wednesday, May 14th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.15). The business 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%. Sell-side analysts predict that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current year.

Square Enix Company Profile

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.