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

Square Enix logo with Computer and Technology background

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) gapped down prior to trading on Thursday . The stock had previously closed at $70.53, but opened at $67.75. Square Enix shares last traded at $67.75, with a volume of 743 shares traded.

Analyst Ratings Changes

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 on the stock.

Get Our Latest Report on Square Enix

Square Enix Price Performance

The stock's 50-day moving average is $65.61 and its 200 day moving average is $52.26. The stock has a market capitalization of $8.13 billion, a PE ratio of 51.33 and a beta of 0.60.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last posted its earnings results on Wednesday, May 14th. The company reported $0.06 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.21 by ($0.15). The business had revenue of $506.53 million during the quarter, compared to analyst estimates of $531.54 million. Square Enix had a net margin of 7.45% and a return on equity of 7.72%. As a group, equities 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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