Bandai Namco (OTCMKTS:NCBDY) Reaches New 52-Week Low – Time to Sell?

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDYGet Free Report)’s share price hit a new 52-week low during trading on Wednesday . The stock traded as low as C$12.50 and last traded at C$12.52, with a volume of 4383 shares. The stock had previously closed at C$12.83.

Bandai Namco Price Performance

The company’s 50-day simple moving average is C$13.48 and its 200-day simple moving average is C$15.35.

Bandai Namco Company Profile

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Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.

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