Square Enix (OTCMKTS:SQNXF) Sets New 1-Year High – Still a Buy?

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF)’s stock price hit a new 52-week high during mid-day trading on Friday. The stock traded as high as $21.9284 and last traded at $21.9284, with a volume of 107 shares traded. The stock had previously closed at $20.25.

Analysts Set New Price Targets

Separately, Sanford C. Bernstein raised Square Enix from a “hold” rating to a “strong-buy” rating in a report on Tuesday, August 25th. One research analyst has rated the stock with a Strong Buy rating. According to MarketBeat.com, the company currently has a consensus rating of “Strong Buy”.

Square Enix Stock Up 3.6%

The firm has a market cap of $7.91 billion, a P/E ratio of 25.80 and a beta of 0.49. The stock’s 50-day simple moving average is $18.73 and its 200 day simple moving average is $16.80.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings data on Wednesday, November 11th. The company reported $0.27 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.09. The firm had revenue of $538.46 million during the quarter, compared to analyst estimates of $470.68 million. Square Enix had a return on equity of 14.73% and a net margin of 14.72%.

About Square Enix

Square Enix Holdings Co., Ltd. is a Japanese entertainment company best known for developing and publishing video games. Its titles include the Final Fantasy, Dragon Quest and Kingdom Hearts franchises, released across console, PC and mobile platforms. The company also operates amusement facilities and develops arcade games, publishes manga and other books, and sells character-related merchandise. Its publishing business includes English-language manga releases through Square Enix Manga & Books.