Square Enix (OTCMKTS:SQNXF) Stock Price Down 10.4% – Should You Sell?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF)’s stock price traded down 10.4% during mid-day trading on Monday . The company traded as low as $16.40 and last traded at $16.40. 177 shares were traded during mid-day trading, a decline of 70% from the average session volume of 589 shares. The stock had previously closed at $18.2950.

Square Enix Stock Performance

The firm’s 50 day moving average is $18.35 and its 200-day moving average is $32.42. The stock has a market capitalization of $5.91 billion, a price-to-earnings ratio of 24.48 and a beta of 0.51.

Square Enix (OTCMKTS:SQNXF) last posted its earnings results 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%. As a group, sell-side analysts forecast that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current year.

Square Enix Company Profile

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.