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

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) hit a new 52-week high on Wednesday . The company traded as high as $63.62 and last traded at $63.62, with a volume of 239 shares. The stock had previously closed at $60.40.

Analysts Set New Price Targets

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

Square Enix Price Performance

The firm's 50 day moving average price is $52.73 and its two-hundred day moving average price is $45.68. The stock has a market cap of $7.56 billion, a PE ratio of 94.03 and a beta of 0.55.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last posted 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 company had revenue of $506.53 million for the quarter, compared to analysts' expectations of $531.54 million. Square Enix had a net margin of 3.52% and a return on equity of 10.63%. Analysts anticipate 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.