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

Square Enix logo with Computer and Technology background

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) gapped up before the market opened on Wednesday . The stock had previously closed at $68.20, but opened at $71.12. Square Enix shares last traded at $71.12, with a volume of 101 shares trading hands.

Wall Street Analyst Weigh In

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

Get Our Latest Report on SQNXF

Square Enix Price Performance

The stock has a 50 day moving average price of $59.63 and a 200-day moving average price of $48.86. The stock has a market capitalization of $8.62 billion, a P/E ratio of 54.39 and a beta of 0.56.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last announced its quarterly earnings data 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). Square Enix had a net margin of 7.45% and a return on equity of 7.72%. The company had revenue of $506.53 million for the quarter, compared to the consensus estimate of $531.54 million. Research analysts predict that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current fiscal year.

Square Enix Company Profile

(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.

Further Reading

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