Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report)'s stock price crossed below its 50-day moving average during trading on Wednesday . The stock has a 50-day moving average of $17.72 and traded as low as $17.29. Nintendo shares last traded at $17.36, with a volume of 5,357,871 shares.
Analyst Ratings Changes
Separately, The Goldman Sachs Group began coverage on Nintendo in a report on Tuesday, March 25th. They set a "buy" rating on the stock.
Read Our Latest Report on NTDOY
Nintendo Price Performance
The stock's 50 day moving average price is $17.76 and its two-hundred day moving average price is $15.34. The firm has a market capitalization of $83.74 billion, a price-to-earnings ratio of 35.82 and a beta of 0.63.
Nintendo (OTCMKTS:NTDOY - Get Free Report) last released its earnings results on Tuesday, February 4th. The company reported $0.18 earnings per share for the quarter, missing analysts' consensus estimates of $0.19 by ($0.01). Nintendo had a return on equity of 12.14% and a net margin of 25.83%. As a group, equities research analysts anticipate that Nintendo Co., Ltd. will post 0.44 EPS for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Kornitzer Capital Management Inc. KS grew its stake in shares of Nintendo by 49.8% in the fourth quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company's stock worth $2,215,000 after acquiring an additional 50,000 shares during the last quarter. Generali Investments CEE investicni spolecnost a.s. acquired a new stake in Nintendo in the 4th quarter worth $2,633,000. GAMMA Investing LLC increased its holdings in shares of Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock worth $189,000 after purchasing an additional 4,509 shares during the period. Diversified Trust Co bought a new stake in shares of Nintendo in the fourth quarter valued at about $182,000. Finally, SVB Wealth LLC acquired a new stake in Nintendo during the fourth quarter worth about $192,000. 0.02% of the stock is owned by institutional investors.
Nintendo Company Profile
(
Get Free Report)
Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.
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