Square Enix (OTCMKTS:SQNXF) Sets New 1-Year Low – Should You Sell?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) reached a new 52-week low during mid-day trading on Friday . The stock traded as low as $15.50 and last traded at $15.50, with a volume of 1800 shares changing hands. The stock had previously closed at $15.77.

Square Enix Stock Performance

The stock has a 50 day moving average of $17.10 and a 200-day moving average of $23.54. The company has a market cap of $5.58 billion, a PE ratio of 23.13 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings results on Thursday, February 5th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.13. The business had revenue of $520.43 million for the quarter, compared to the consensus estimate of $526.21 million. Square Enix had a return on equity of 5.88% and a net margin of 5.92%. Equities research analysts forecast that Square Enix Holdings Co., Ltd. will post 1.71 EPS for the current year.

Square Enix Company Profile

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.