Bandai Namco (OTCMKTS:NCBDY) Stock Price Down 0.3% – Here’s Why

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY) shares dropped 0.3% during mid-day trading on Monday . The stock traded as low as C$15.61 and last traded at C$15.71. Approximately 24,631 shares changed hands during trading, a decline of 4% from the average daily volume of 25,729 shares. The stock had previously closed at C$15.75.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Bandai Namco to a “hold” rating in a report on Friday, August 15th. One investment analyst has rated the stock with a Hold rating, According to MarketBeat, Bandai Namco currently has a consensus rating of “Hold”.

Bandai Namco Trading Down 0.3%

The business has a fifty day simple moving average of C$16.65 and a two-hundred day simple moving average of C$16.67.

About Bandai Namco

BANDAI NAMCO Holdings Inc develops entertainment-related products and services worldwide. The company operates through four segments: Digital Business, Toys and Hobby Business, IP Production Business, and Amusement Business. It offers toys, capsule and candy toys, cards, confectionery products, food, apparel, sundries, plastic models, figures, consumer electronics, stationery and visual products, pachinko and pachislot machines, medical and electronic-related equipment, playground equipment, bicycles, furniture, robot toys, prizes, and other products; and contract services for inspecting and testing.