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

Analysts at The Goldman Sachs Group started coverage on shares of Square Enix (OTCMKTS:SQNXF - Get Free Report) in a research report issued to clients and investors on Tuesday, MarketBeat reports. The firm set a "sell" rating on the stock.

Square Enix Price Performance

Shares of OTCMKTS SQNXF remained flat at $46.13 during mid-day trading on Tuesday. 2 shares of the stock were exchanged, compared to its average volume of 806. The business has a 50-day simple moving average of $43.75 and a two-hundred day simple moving average of $40.68. Square Enix has a 1-year low of $27.98 and a 1-year high of $49.19. The stock has a market capitalization of $5.54 billion, a P/E ratio of 68.85 and a beta of 0.30.

Square Enix (OTCMKTS:SQNXF - Get Free Report) last issued its earnings results on Monday, February 10th. The company reported $0.69 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.45 by $0.24. Square Enix had a net margin of 3.52% and a return on equity of 10.63%. Research analysts expect that Square Enix will post 1.71 earnings per share for the current year.

Square Enix Company Profile

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.