Nintendo (OTCMKTS:NTDOY) Reaches New 1-Year High – Still a Buy?

Nintendo Co., Ltd. (OTCMKTS:NTDOY)’s stock price reached a new 52-week high during trading on Tuesday . The stock traded as high as $18.18 and last traded at $17.98, with a volume of 1714821 shares traded. The stock had previously closed at $17.55.

Nintendo Trading Down 0.7 %

The stock has a market cap of $92.10 billion, a P/E ratio of 39.96 and a beta of 0.45. The business’s 50 day moving average price is $15.35 and its two-hundred day moving average price is $14.09.

Nintendo (OTCMKTS:NTDOY) last posted its earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Nintendo had a return on equity of 12.14% and a net margin of 25.83%. As a group, analysts expect that Nintendo Co., Ltd. will post 0.46 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the business. Diversified Trust Co purchased a new position in shares of Nintendo during the fourth quarter valued at approximately $182,000. GAMMA Investing LLC lifted its position in Nintendo by 53.4% during the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock valued at $189,000 after purchasing an additional 4,509 shares during the period. SVB Wealth LLC bought a new position in shares of Nintendo during the 4th quarter valued at $192,000. Fulton Bank N.A. bought a new stake in shares of Nintendo in the fourth quarter worth $200,000. Finally, Kornitzer Capital Management Inc. KS lifted its holdings in Nintendo by 49.8% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock valued at $2,215,000 after acquiring an additional 50,000 shares during the period. 0.02% of the stock is owned by hedge funds and other institutional investors.

About Nintendo

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.