Shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report) 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 trading hands.
Analyst Ratings Changes
Separately, The Goldman Sachs Group began coverage on Nintendo in a research report on Tuesday, March 25th. They set a "buy" rating on the stock.
Get Our Latest Stock Report on NTDOY
Nintendo Trading Up 1.9 %
The firm's 50 day moving average price is $17.76 and its two-hundred day moving average price is $15.37. The company has a market capitalization of $85.35 billion, a price-to-earnings ratio of 36.51 and a beta of 0.63.
Nintendo (OTCMKTS:NTDOY - Get Free Report) last announced its quarterly 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 predict that Nintendo Co., Ltd. will post 0.44 EPS for the current year.
Institutional Trading of Nintendo
A number of hedge funds have recently modified their holdings of NTDOY. GAMMA Investing LLC grew its holdings in Nintendo by 2,029.9% in the 1st quarter. GAMMA Investing LLC now owns 275,785 shares of the company's stock valued at $4,735,000 after buying an additional 262,837 shares in the last quarter. Generali Investments CEE investicni spolecnost a.s. acquired a new position in shares of Nintendo in the fourth quarter valued at about $2,633,000. Kornitzer Capital Management Inc. KS increased its position in Nintendo by 49.8% during 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 period. Sterling Capital Management LLC acquired a new stake in Nintendo in the 4th quarter worth about $605,000. Finally, Fulton Bank N.A. bought a new stake in Nintendo in the 4th quarter valued at about $200,000. Institutional investors and hedge funds own 0.02% of the company's stock.
Nintendo Company Profile
(
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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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