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

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) gapped up before the market opened on Wednesday . The stock had previously closed at $14.85, but opened at $16.00. Square Enix shares last traded at $16.00, with a volume of 600 shares.

Square Enix Price Performance

The company has a 50-day moving average price of $15.67 and a 200-day moving average price of $17.35. The firm has a market capitalization of $5.77 billion, a price-to-earnings ratio of 23.88 and a beta of 0.51.

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