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

Square Enix logo with Computer and Technology background

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) reached a new 52-week high on Thursday . The company traded as high as $71.12 and last traded at $71.12, with a volume of 138 shares traded. The stock had previously closed at $68.20.

Analysts Set New Price Targets

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

Check Out Our Latest Report on Square Enix

Square Enix Price Performance

The stock has a 50 day simple moving average of $60.21 and a two-hundred day simple moving average of $49.28. The company has a market cap of $9.00 billion, a price-to-earnings ratio of 56.82 and a beta of 0.56.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last announced its quarterly earnings results on Wednesday, May 14th. The company reported $0.06 EPS for the quarter, missing the consensus estimate of $0.21 by ($0.15). Square Enix had a net margin of 7.45% and a return on equity of 7.72%. The business had revenue of $506.53 million during the quarter, compared to analyst estimates of $531.54 million. As a group, research analysts forecast that Square Enix Holdings Co., Ltd. will post 1.71 EPS for the current year.

About Square Enix

(Get Free Report)

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.

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