Square Enix (OTCMKTS:SQNXF) Coverage Initiated by Analysts at The Goldman Sachs Group

Investment analysts at The Goldman Sachs Group started coverage on shares of Square Enix (OTCMKTS:SQNXF) in a research note issued on Tuesday. The brokerage set a “sell” rating on the stock.

Square Enix Stock Up 0.3 %

OTCMKTS SQNXF traded up $0.13 on Tuesday, reaching $46.13. The stock had a trading volume of 2,100 shares, compared to its average volume of 806. The stock has a fifty day moving average price of $43.31 and a two-hundred day moving average price of $40.50. Square Enix has a 12-month low of $27.98 and a 12-month high of $49.19. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 68.85 and a beta of 0.30.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings data on Monday, February 10th. The company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.45 by $0.24. Square Enix had a return on equity of 10.63% and a net margin of 3.52%. Sell-side analysts forecast that Square Enix will post 1.71 earnings per share for the current fiscal year.

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.