Nintendo (OTCMKTS:NTDOY) Share Price Crosses Below Fifty Day Moving Average – Here’s Why

Nintendo Co. (OTCMKTS:NTDOY)’s share price crossed below its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $13.40 and traded as low as $11.27. Nintendo shares last traded at $11.44, with a volume of 3,505,007 shares traded.

Analyst Ratings Changes

A number of research firms have commented on NTDOY. Zacks Research downgraded shares of Nintendo from a “strong-buy” rating to a “hold” rating in a report on Friday, February 6th. China Renaissance reaffirmed a “sell” rating on shares of Nintendo in a report on Wednesday, February 4th. TD Cowen reaffirmed a “buy” rating on shares of Nintendo in a report on Tuesday, April 14th. Benchmark reaffirmed a “buy” rating on shares of Nintendo in a report on Monday, May 11th. Finally, Wolfe Research raised shares of Nintendo from an “underperform” rating to a “peer perform” rating in a report on Thursday, January 22nd. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold”.

Nintendo Price Performance

The company has a market cap of $61.48 billion, a price-to-earnings ratio of 19.90 and a beta of 0.41. The firm’s fifty day moving average price is $13.32 and its 200-day moving average price is $15.97.

Nintendo (OTCMKTS:NTDOY) last announced its quarterly earnings results on Friday, May 8th. The company reported $0.10 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.09 by $0.01. Nintendo had a net margin of 18.33% and a return on equity of 13.82%. The company had revenue of $2.60 billion during the quarter, compared to the consensus estimate of $2.63 billion. Nintendo has set its FY 2026 guidance at 0.429-0.429 EPS. As a group, equities analysts forecast that Nintendo Co. will post 0.51 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Nintendo

Several institutional investors have recently bought and sold shares of NTDOY. Atlatl Advisers LLC acquired a new stake in Nintendo in the third quarter worth about $462,000. Appleton Partners Inc. MA lifted its holdings in Nintendo by 0.7% in the third quarter. Appleton Partners Inc. MA now owns 127,279 shares of the company’s stock worth $2,716,000 after purchasing an additional 837 shares during the period. AdvisorShares Investments LLC acquired a new stake in Nintendo in the third quarter worth about $1,052,000. PNC Financial Services Group Inc. lifted its holdings in Nintendo by 30.6% in the third quarter. PNC Financial Services Group Inc. now owns 7,891 shares of the company’s stock worth $168,000 after purchasing an additional 1,851 shares during the period. Finally, Dorsey Wright & Associates acquired a new stake in Nintendo in the third quarter worth about $1,562,000. Institutional investors and hedge funds own 0.02% of the company’s stock.

Nintendo Company Profile

Nintendo Co, Ltd., headquartered in Kyoto, Japan, is a global entertainment company best known for designing, manufacturing and marketing video game hardware and software. Founded in 1889 as a playing-card company, Nintendo transitioned into electronic entertainment in the latter half of the 20th century and has since become one of the most recognizable names in interactive entertainment. The company serves markets worldwide, with major operations and customer bases in Japan, North America and Europe, and it maintains a presence through regional subsidiaries, distribution partners and digital storefronts.

Nintendo’s business spans console and handheld hardware, first-party software titles, digital services and licensing.