Square Enix (OTCMKTS:SQNXF) Reaches New 52-Week High - Here's Why

Key Points

• Square Enix's stock reached a new 52-week high of $75.00, surpassing its previous close of $72.50 with a trading volume of 220 shares.
• For the latest quarter, Square Enix reported earnings per share (EPS) of $0.06, falling short of analysts' expectations of $0.21, with revenue of $506.53 million against a forecast of $531.54 million.
• The company's market cap stands at $9.00 billion, and it has a P/E ratio of 56.82, reflecting a moderate growth outlook despite recent earnings challenges.

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) shares hit a new 52-week high on Thursday . The company traded as high as $75.00 and last traded at $75.00, with a volume of 220 shares traded. The stock had previously closed at $72.50.

Square Enix Stock Performance

The stock's 50 day moving average price is $69.07 and its two-hundred day moving average price is $55.90. The firm has a market capitalization of $9.00 billion, a PE ratio of 72.82 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 for the quarter, missing analysts' consensus estimates of $0.44 by ($0.15). Square Enix had a return on equity of 5.92% and a net margin of 5.92%. The business had revenue of $410.28 million for the quarter, compared to analysts' expectations of $464.16 million. Analysts expect that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current 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.