Konami (OTCMKTS:KNMCY) Stock Rating Upgraded by Zacks Investment Research

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Zacks Investment Research upgraded shares of Konami (OTCMKTS:KNMCY) from a sell rating to a hold rating in a research report report published on Tuesday, Zacks.com reports.

According to Zacks, “Konami Corporation and its subsidiaries produce and market game software for home video game systems, character products such as playing cards, amusement arcade games, and gaming machines. They also operate health and fitness club facilities, and have a dominant market share in the Japanese market. “

Separately, ValuEngine raised Konami from a hold rating to a buy rating in a research note on Monday, November 11th.

Shares of KNMCY opened at $44.33 on Tuesday. The firm’s fifty day simple moving average is $44.42 and its two-hundred day simple moving average is $45.11. Konami has a 12 month low of $39.74 and a 12 month high of $48.33. The company has a current ratio of 2.93, a quick ratio of 2.82 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $5.99 billion, a P/E ratio of 19.79 and a beta of 0.39.

Konami Company Profile

Konami Holdings Corporation, together with its subsidiaries, primarily engages in the digital entertainment business. It operates through four segments: Digital Entertainment, Health & Fitness, Gaming & Systems, and Pachislot & Pachinko Machines. The Digital Entertainment segment manufactures and sells digital content and related products, including mobile games, arcade games, card games, and computer and video games.

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