Bandai Namco (OTCMKTS:NCBDY) Shares Gap Up – What’s Next?

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY – Get Free Report) gapped up before the market opened on Friday. The stock had previously closed at C$18.79, but opened at C$19.94. Bandai Namco shares last traded at C$19.89, with a volume of 37,450 shares trading hands.

Analyst Ratings Changes

Separately, Zacks Research upgraded Bandai Namco from a “hold” rating to a “strong-buy” rating in a report on Monday, October 5th. One equities research analyst has rated the stock with a Strong Buy rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy”.

View Our Latest Stock Analysis on Bandai Namco

Bandai Namco Price Performance

The firm’s fifty day simple moving average is C$17.74 and its 200 day simple moving average is C$14.11.

About Bandai Namco

(Get Free Report)

Bandai Namco Holdings Inc is a Japan-based entertainment company that develops and distributes products and services spanning video games, toys, amusement facilities and other forms of popular entertainment. Its businesses are built around creating and extending intellectual property across multiple platforms, including home consoles, personal computers, mobile devices, retail products and location-based attractions.

Through its digital entertainment operations, the company publishes and develops video games based on original and licensed properties.

Further Reading

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