Bandai Namco (OTCMKTS:NCBDY) Sets New 52-Week High – Time to Buy?

Shares of Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDYGet Free Report) reached a new 52-week high during trading on Wednesday . The stock traded as high as C$18.65 and last traded at C$18.65, with a volume of 392 shares trading hands. The stock had previously closed at C$17.78.

Analysts Set New Price Targets

Separately, Zacks Research upgraded shares of Bandai Namco to a “hold” rating in a research note on Thursday, May 28th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Reduce”.

Read Our Latest Report on NCBDY

Bandai Namco Price Performance

The stock has a 50-day moving average price of C$16.12 and a 200 day moving average price of C$13.48.

About Bandai Namco

(Get Free Report)

Bandai Namco Holdings Inc is a Japanese entertainment company that develops and distributes products and experiences based on original and licensed intellectual properties. Its businesses span toys and hobby products, video games, arcade entertainment, amusement facilities, anime, music and other visual entertainment content.

Through its toys and hobby operations, the company offers character merchandise, collectibles, model kits and trading cards. Its digital business develops and publishes console, PC and mobile games, while its amusement operations provide arcade games, machines and entertainment venues.

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