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Square Enix (OTCMKTS:SQNXF) Shares Gap Up - What's Next?

Square Enix logo with Computer and Technology background

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF - Get Free Report) shares gapped up prior to trading 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 changing hands.

Analyst Ratings Changes

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

Read Our Latest Analysis on SQNXF

Square Enix Stock Up 4.5%

The stock has a market capitalization of $9.00 billion, a PE ratio of 56.82 and a beta of 0.56. The company has a 50-day moving average of $60.21 and a 200 day moving average of $49.12.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last issued 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 return on equity of 7.72% and a net margin of 7.45%. The firm had revenue of $506.53 million for the quarter, compared to analysts' expectations of $531.54 million. As a group, equities analysts predict that Square Enix Holdings Co., Ltd. will post 1.71 EPS for the current fiscal 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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