Square Enix (OTCMKTS:SQNXF) Sees Unusually-High Trading Volume – What’s Next?

Shares of Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) saw strong trading volume on Thursday . 3,600 shares changed hands during trading, an increase of 127% from the previous session’s volume of 1,585 shares.The stock last traded at $19.0710 and had previously closed at $18.63.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded shares of Square Enix from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 30th. Two investment analysts have rated the stock with a Sell rating, According to MarketBeat.com, Square Enix presently has an average rating of “Sell”.

Square Enix Price Performance

The firm has a 50-day moving average of $22.02 and a 200 day moving average of $52.15. The stock has a market capitalization of $6.87 billion, a price-to-earnings ratio of 55.55 and a beta of 0.49.

About Square Enix

Square Enix Holdings Co, Ltd. operates in the content and service businesses in Japan and internationally. It operates through Digital Entertainment Business, Amusement Business, Publishing Business, and Rights Property Business. The company plans, develops, sells, and manages digital entertainment content primarily in the form of computer games.