Nintendo Co., Ltd. (OTCMKTS:NTDOY - Get Free Report) was the target of a significant decline in short interest in the month of December. As of December 31st, there was short interest totalling 354,100 shares, a decline of 31.1% from the December 15th total of 514,300 shares. Based on an average daily volume of 1,431,800 shares, the short-interest ratio is currently 0.2 days.
Analyst Upgrades and Downgrades
A number of research analysts recently weighed in on NTDOY shares. Wolfe Research upgraded Nintendo to a "hold" rating in a report on Sunday, September 22nd. TD Cowen started coverage on Nintendo in a report on Monday, October 7th. They issued a "buy" rating on the stock.
Get Our Latest Research Report on Nintendo
Nintendo Stock Performance
Nintendo stock traded up $0.45 during midday trading on Wednesday, reaching $15.23. The stock had a trading volume of 2,432,267 shares, compared to its average volume of 1,320,764. Nintendo has a twelve month low of $11.36 and a twelve month high of $15.59. The stock has a market capitalization of $79.12 billion, a PE ratio of 32.40 and a beta of 0.45. The stock's 50-day simple moving average is $14.29 and its 200 day simple moving average is $13.73.
Institutional Investors Weigh In On Nintendo
A number of large investors have recently modified their holdings of NTDOY. ORG Wealth Partners LLC acquired a new stake in shares of Nintendo in the third quarter valued at about $99,000. Diversified Trust Co acquired a new position in shares of Nintendo during the fourth quarter worth $182,000. GAMMA Investing LLC lifted its position in shares of Nintendo by 53.4% during the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company's stock worth $189,000 after purchasing an additional 4,509 shares in the last quarter. Fulton Bank N.A. acquired a new position in shares of Nintendo during the fourth quarter worth $200,000. Finally, O Brien Greene & Co. Inc lifted its position in shares of Nintendo by 2.7% during the second quarter. O Brien Greene & Co. Inc now owns 38,505 shares of the company's stock worth $512,000 after purchasing an additional 995 shares in the last quarter. Institutional investors and hedge funds own 0.02% of the company's stock.
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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