Square Enix (OTCMKTS:SQNXF) Shares Gap Up – What’s Next?

by · The Markets Daily

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF – Get Free Report)’s share price gapped up prior to trading on Monday . The stock had previously closed at $14.05, but opened at $16.00. Square Enix shares last traded at $16.00, with a volume of 100 shares trading hands.

Square Enix Stock Up 13.9%

The company has a 50 day simple moving average of $15.55 and a 200-day simple moving average of $16.53. The stock has a market cap of $5.77 billion, a price-to-earnings ratio of 29.63 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF – Get Free Report) last issued its earnings results on Thursday, May 14th. The company reported $0.10 EPS for the quarter, topping the consensus estimate of $0.06 by $0.04. The firm had revenue of $517.73 million during the quarter, compared to analyst estimates of $482.68 million.

Square Enix Company Profile

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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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