Sanford C. Bernstein lowered shares of Square Enix (OTCMKTS:SQNXF – Free Report) from a hold rating to a strong sell rating in a research note released on Tuesday morning,Zacks.com reports.
Square Enix Stock Up 4.8%
SQNXF stock opened at $21.75 on Tuesday. The stock has a market cap of $7.83 billion, a PE ratio of 63.35 and a beta of 0.50. The firm’s 50-day simple moving average is $66.31 and its 200 day simple moving average is $61.08. Square Enix has a fifty-two week low of $11.32 and a fifty-two week high of $26.07.
Square Enix (OTCMKTS:SQNXF – Get Free Report) last posted its earnings results on Friday, August 8th. The company reported $0.29 EPS for the quarter, missing the consensus estimate of $0.44 by ($0.15). The firm had revenue of $410.28 million during the quarter, compared to the consensus estimate of $464.16 million. Square Enix had a return on equity of 5.88% and a net margin of 5.92%. Equities analysts forecast that Square Enix will post 1.71 EPS for the current fiscal year.
Square Enix Company Profile
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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