DeNA (OTCMKTS:DNACF) Shares Gap Down – Time to Sell?

Shares of DeNA Co (OTCMKTS:DNACF) gapped down prior to trading on Monday . The stock had previously closed at $16.95, but opened at $15.85. DeNA shares last traded at $15.85, with a volume of 25 shares trading hands.

DeNA Trading Down 6.5%

The business has a 50 day moving average of $17.82 and a 200-day moving average of $17.26. The stock has a market cap of $1.94 billion, a PE ratio of 13.32 and a beta of -0.26.

DeNA (OTCMKTS:DNACF) last posted its earnings results on Tuesday, May 12th. The company reported $0.13 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.16 by ($0.03). DeNA had a net margin of 13.28% and a return on equity of 7.33%. The company had revenue of $211.92 million during the quarter, compared to analysts’ expectations of $208.30 million.

About DeNA

DeNA Co, Ltd. is a Japan-based company specializing in online and mobile platforms, with a core focus on digital entertainment. Since launching its flagship Mobage mobile gaming network in 2006, DeNA has built a diverse portfolio of game development and publishing services, collaborating with both in-house studios and external partners. The company’s platform offers a range of social games accessible via smartphones and web browsers, supporting global releases as well as titles tailored to its domestic Japanese market.

Beyond gaming, DeNA operates a suite of e-commerce and web-based services that leverage its technology infrastructure and user-network expertise.