Square Enix (OTCMKTS:SQNXF) Reaches New 12-Month High - Here's Why

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report)'s stock price reached a new 52-week high on Friday . The company traded as high as $64.00 and last traded at $64.00, with a volume of 105 shares changing hands. The stock had previously closed at $59.41.

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 Price Performance

The business's 50-day moving average price is $56.06 and its two-hundred day moving average price is $47.38. The firm has a market cap of $8.01 billion, a price-to-earnings ratio of 99.63 and a beta of 0.56.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last posted its quarterly earnings data on Wednesday, May 14th. The company reported $0.06 earnings per share for the quarter, missing analysts' consensus estimates of $0.21 by ($0.15). Square Enix had a net margin of 3.52% and a return on equity of 10.63%. The firm had revenue of $506.53 million during the quarter, compared to analyst estimates of $531.54 million. As a group, sell-side analysts forecast 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.