Shares of Konami Group Co. (OTCMKTS:KONMY – Get Rating) rose 7.7% during mid-day trading on Friday . The stock traded as high as 24.68 and last traded at 24.31. Approximately 500 shares were traded during trading, a decline of 37% from the average daily volume of 799 shares. The stock had previously closed at 22.57.
Analyst Upgrades and Downgrades
Several equities analysts recently commented on the company. Macquarie downgraded Konami Group from an “outperform” rating to a “neutral” rating in a research note on Friday, September 30th. The Goldman Sachs Group initiated coverage on Konami Group in a research note on Wednesday, September 7th. They set a “buy” rating for the company.
Konami Group Price Performance
The company has a 50-day simple moving average of 22.72 and a two-hundred day simple moving average of 27.02.
Konami Group Company Profile
Konami Group Corporation, together with its subsidiaries, primarily engages in the digital entertainment, amusement, gaming and systems, and sports businesses. The company's Digital Entertainment Business manufactures and sells amusement machines with arcade games, computer and video games, mobile games, and card games.
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