Square Enix (OTCMKTS:SQNXF) Sees Unusually-High Trading Volume - What's Next?

Key Points

• Square Enix experienced a significant increase in trading volume, with 1,777 shares traded—an increase of 182% from the previous day's volume of 630 shares.
• The company's stock is currently down 1.6%, trading at $65.69, compared to a previous closing price of $66.78.
• In its latest earnings report, Square Enix missed expectations by reporting an EPS of $0.29, falling short of the consensus estimate of $0.44, with revenue of $410.28 million against an expected $464.16 million.

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) shares saw an uptick in trading volume on Tuesday . 1,777 shares were traded during trading, an increase of 182% from the previous session's volume of 630 shares.The stock last traded at $65.69 and had previously closed at $66.78.

Square Enix Price Performance

The firm has a market cap of $7.89 billion, a price-to-earnings ratio of 63.78 and a beta of 0.50. The firm has a 50 day moving average price of $70.87 and a 200-day moving average price of $60.44.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last issued its quarterly earnings results 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 5.88%. The firm had revenue of $410.28 million for the quarter, compared to analyst estimates of $464.16 million. On average, sell-side analysts expect that Square Enix Holdings Co., Ltd. will post 1.71 EPS for the current fiscal year.

About Square Enix

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.