Square Enix (OTCMKTS:SQNXF) Hits New 52-Week High - Time to Buy?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) shares hit a new 52-week high 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.

Analysts Set New Price Targets

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 Stock Up 5.1 %

The firm has a 50 day moving average of $47.01 and a 200-day moving average of $42.33. The company has a market cap of $6.99 billion, a P/E ratio of 86.91 and a beta of 0.30.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last posted its quarterly earnings results on Monday, February 10th. The company reported $0.69 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.45 by $0.24. Square Enix had a return on equity of 10.63% and a net margin of 3.52%. On average, research analysts predict 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.