Square Enix (OTCMKTS:SQNXF) Shares Gap Down – Here’s What Happened

Shares of Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) gapped down before the market opened on Friday . The stock had previously closed at $18.62, but opened at $16.7859. Square Enix shares last traded at $18.80, with a volume of 373 shares traded.

Square Enix Stock Performance

The firm has a market cap of $6.77 billion, a PE ratio of 54.76 and a beta of 0.51. The firm’s 50 day moving average price is $18.63 and its two-hundred day moving average price is $36.95.

Square Enix (OTCMKTS:SQNXF) last released its quarterly earnings data on Thursday, February 5th. The company reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.19 by $0.13. The firm had revenue of $520.43 million for the quarter, compared to analysts’ expectations of $526.21 million. Square Enix had a return on equity of 5.88% and a net margin of 5.92%. On average, analysts forecast that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current year.

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.