Square Enix (OTCMKTS:SQNXF) Raised to “Strong-Buy” at Sanford C. Bernstein

Square Enix (OTCMKTS:SQNXF) was upgraded by equities researchers at Sanford C. Bernstein from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Square Enix Price Performance

SQNXF stock opened at $18.22 on Tuesday. The business has a fifty day moving average price of $15.88 and a 200 day moving average price of $15.96. Square Enix has a fifty-two week low of $14.05 and a fifty-two week high of $26.07. The stock has a market capitalization of $6.57 billion, a price-to-earnings ratio of 24.29 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings data on Monday, August 10th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.10. The business had revenue of $492.09 million during the quarter, compared to analyst estimates of $412.01 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.