DeNA (OTCMKTS:DNACF) Shares Gap Down – Here’s What Happened

DeNA Co (OTCMKTS:DNACF)’s share price gapped down before the market opened on Wednesday . The stock had previously closed at $15.85, but opened at $15.20. DeNA shares last traded at $15.20, with a volume of 55 shares traded.

DeNA Stock Down 5.0%

The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 12.77 and a beta of -0.26. The stock has a fifty day moving average price of $16.38 and a 200-day moving average price of $17.03.

DeNA (OTCMKTS:DNACF) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.13 earnings per share for the quarter, missing the consensus estimate of $0.16 by ($0.03). DeNA had a return on equity of 7.33% and a net margin of 13.28%.The company had revenue of $211.92 million for the quarter, compared to analyst estimates of $208.30 million.

DeNA Company Profile

DeNA Co, Ltd. is a Japan-based company specializing in online and mobile platforms, with a core focus on digital entertainment. Since launching its flagship Mobage mobile gaming network in 2006, DeNA has built a diverse portfolio of game development and publishing services, collaborating with both in-house studios and external partners. The company’s platform offers a range of social games accessible via smartphones and web browsers, supporting global releases as well as titles tailored to its domestic Japanese market.

Beyond gaming, DeNA operates a suite of e-commerce and web-based services that leverage its technology infrastructure and user-network expertise.