Square Enix (OTCMKTS:SQNXF) Sets New 52-Week High – Here’s What Happened

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF)’s share price hit a new 52-week high during trading on Friday. The stock traded as high as $21.9284 and last traded at $21.9284, with a volume of 107 shares trading hands. The stock had previously closed at $20.25.

Wall Street Analysts Forecast Growth

Separately, Sanford C. Bernstein raised Square Enix from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 25th. One analyst has rated the stock with a Strong Buy rating. Based on data from MarketBeat, the stock currently has a consensus rating of “Strong Buy”.

Square Enix Stock Performance

The firm’s 50 day moving average price is $18.65 and its two-hundred day moving average price is $16.78. The company has a market cap of $7.91 billion, a P/E ratio of 25.80 and a beta of 0.49.

Square Enix (OTCMKTS:SQNXF) last issued its earnings results on Wednesday, November 11th. The company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.18 by $0.09. The business had revenue of $538.46 million for the quarter, compared to analyst estimates of $470.68 million. Square Enix had a net margin of 14.72% and a return on equity of 14.73%.

About Square Enix

Square Enix Holdings Co., Ltd. is a Japanese entertainment company best known for developing and publishing video games. Its titles include the Final Fantasy, Dragon Quest and Kingdom Hearts franchises, released across console, PC and mobile platforms. The company also operates amusement facilities and develops arcade games, publishes manga and other books, and sells character-related merchandise. Its publishing business includes English-language manga releases through Square Enix Manga & Books.