Square Enix (OTCMKTS:SQNXF) Shares Gap Down - Here's What Happened

Key Points

• Shares gapped down before the open, opening at $15.50 versus the prior close of $16.40, with just 1,800 shares traded.
• Square Enix reported $0.32 EPS, beating the $0.19 consensus by $0.13, while quarterly revenue of $520.43 million slightly missed estimates of $526.21 million.
• The stock trades below key technicals—50‑day MA $17.15 and 200‑day MA $23.60—and has a market capitalization of $5.58 billion with a PE of 23.13.

Shares of Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) gapped down before the market opened on Thursday . The stock had previously closed at $16.40, but opened at $15.50. Square Enix shares last traded at $15.50, with a volume of 1,800 shares traded.

Square Enix Stock Performance

The stock has a market capitalization of $5.58 billion, a PE ratio of 23.13 and a beta of 0.50. The stock's 50 day moving average is $17.15 and its two-hundred day moving average is $23.60.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last posted its quarterly earnings data on Thursday, February 5th. The company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.19 by $0.13. The company had revenue of $520.43 million during the quarter, compared to analyst estimates of $526.21 million. Square Enix had a return on equity of 5.88% and a net margin of 5.92%. Equities research analysts expect 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., trading in the U.S. over-the-counter as SQNXF, is a Tokyo-based entertainment company widely recognized for its development and publishing of interactive digital entertainment. Formed in 2003 through the merger of Square Co, Ltd. and Enix Corporation, the company has built a reputation for producing narrative-driven role-playing game (RPG) franchises. Its flagship series include Final Fantasy, Dragon Quest and Kingdom Hearts, each of which has generated critical acclaim, spin-off media and merchandising opportunities around the world.

The company's core business activities span the creation, marketing and distribution of video game software across console, PC and mobile platforms.

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