Square Enix (OTCMKTS:SQNXF) Reaches New 52-Week High - Still a Buy?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report)'s share price hit a new 52-week high during trading on Monday . The company traded as high as $51.29 and last traded at $51.29, with a volume of 322 shares changing hands. The stock had previously closed at $46.13.

Wall Street Analysts Forecast Growth

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

Square Enix Stock Up 11.2 %

The stock has a market capitalization of $6.16 billion, a price-to-earnings ratio of 76.56 and a beta of 0.30. The business's 50-day moving average is $46.21 and its two-hundred day moving average is $41.82.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last announced its quarterly earnings results on Monday, February 10th. The company reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.45 by $0.24. Square Enix had a net margin of 3.52% and a return on equity of 10.63%. As a group, analysts forecast that Square Enix Holdings Co., Ltd. will post 1.71 EPS 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.