Square Enix (OTCMKTS:SQNXF) Shares Gap Up – Should You Buy?

Shares of Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) gapped up prior to trading on Tuesday . The stock had previously closed at $14.05, but opened at $16.00. Square Enix shares last traded at $16.00, with a volume of 100 shares.

Square Enix Stock Performance

The firm has a market capitalization of $5.77 billion, a P/E ratio of 29.63 and a beta of 0.50. The business has a fifty day moving average of $15.56 and a 200-day moving average of $16.98.

Square Enix (OTCMKTS:SQNXF) last issued its quarterly earnings results on Thursday, May 14th. The company reported $0.10 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.06 by $0.04. The firm had revenue of $517.73 million for the quarter, compared to the consensus estimate of $482.68 million.

About Square Enix

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.