Square Enix (OTCMKTS:SQNXF) Hits New 1-Year Low – Should You Sell?
by Amy Steele · The Cerbat GemSquare Enix Holdings Co., Ltd. (OTCMKTS:SQNXF – Get Free Report) reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $14.05 and last traded at $14.05, with a volume of 750 shares changing hands. The stock had previously closed at $15.95.
Square Enix Stock Performance
The firm has a 50 day moving average price of $15.64 and a two-hundred day moving average price of $17.07. The firm has a market capitalization of $5.07 billion, a P/E ratio of 26.02 and a beta of 0.50.
Square Enix (OTCMKTS:SQNXF – Get Free Report) last announced its earnings results on Thursday, May 14th. The company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.06 by $0.04. The company had revenue of $517.73 million for the quarter, compared to analysts’ expectations of $482.68 million.
About Square Enix
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.