Bandai Namco (OTCMKTS:NCBDY) Shares Gap Down – Here’s What Happened

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDYGet Free Report)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at C$18.15, but opened at C$17.25. Bandai Namco shares last traded at C$17.25, with a volume of 297 shares trading hands.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Bandai Namco to a “hold” rating in a report on Thursday, May 28th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Bandai Namco currently has a consensus rating of “Reduce”.

Read Our Latest Stock Report on Bandai Namco

Bandai Namco Price Performance

The company’s fifty day moving average is C$15.59 and its two-hundred day moving average is C$13.31.

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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