Square Enix (OTCMKTS:SQNXF) Shares Gap Up – Time to Buy?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) shares gapped up prior to trading on Friday . The stock had previously closed at $15.9750, but opened at $18.22. Square Enix shares last traded at $18.22, with a volume of 117 shares trading hands.

Square Enix Trading Up 14.1%

The firm’s 50 day moving average price is $15.71 and its two-hundred day moving average price is $15.98. The company has a market capitalization of $6.57 billion, a price-to-earnings ratio of 24.29 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.23 EPS for the quarter, topping analysts’ consensus estimates of $0.13 by $0.10. The business had revenue of $492.09 million for the quarter, compared to the consensus estimate of $412.01 million.

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.