Square Enix (OTCMKTS:SQNXF) Hits New 12-Month High - Here's Why

Key Points

• Square Enix shares reached a new 12-month high of $78.20, reflecting strong trading with a volume of 1,514 shares during mid-day trading.
• Despite the stock's recent performance, the company reported earnings of $0.29 per share, falling short of the expected $0.44.
• Square Enix has a market capitalization of $9.39 billion and operates across various segments including Digital Entertainment, Publishing, and Amusement businesses.

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $78.20 and last traded at $78.20, with a volume of 1514 shares trading hands. The stock had previously closed at $75.00.

Square Enix Stock Performance

The company has a 50-day simple moving average of $69.38 and a 200-day simple moving average of $56.05. The stock has a market cap of $9.39 billion, a P/E ratio of 75.92 and a beta of 0.59.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last issued its quarterly earnings data on Friday, August 8th. The company reported $0.29 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.44 by ($0.15). Square Enix had a net margin of 5.92% and a return on equity of 5.92%. The business had revenue of $410.28 million during the quarter, compared to the consensus estimate of $464.16 million. As a group, sell-side analysts expect that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current fiscal 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.

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