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

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) shares traded down 10.4% during trading on Monday . The stock traded as low as $16.40 and last traded at $16.40. 177 shares traded hands during 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 has a market cap of $5.91 billion, a P/E ratio of 24.48 and a beta of 0.51. The firm’s fifty day moving average price is $18.35 and its 200 day moving average price is $32.42.

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 company had revenue of $520.43 million during the quarter, compared to analysts’ expectations of $526.21 million. Square Enix had a net margin of 5.92% and a return on equity of 5.88%. As a group, analysts expect that Square Enix Holdings Co., Ltd. will post 1.71 earnings per share for the current fiscal 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.