Square Enix (OTCMKTS:SQNXF) Stock Price Up 11.7% – Here’s What Happened

Shares of Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) were up 11.7% on Friday . The stock traded as high as $21.30 and last traded at $21.30. Approximately 241 shares changed hands during trading, a decline of 85% from the average daily volume of 1,597 shares. The stock had previously closed at $19.0710.

Analyst Ratings Changes

Separately, Sanford C. Bernstein downgraded Square Enix from a “hold” rating to a “strong sell” rating in a report on Tuesday, September 30th. Two equities research analysts have rated the stock with a Sell rating, According to MarketBeat, the company currently has a consensus rating of “Sell”.

Square Enix Stock Performance

The firm has a market capitalization of $7.67 billion, a price-to-earnings ratio of 62.04 and a beta of 0.49. The company has a 50 day moving average price of $21.09 and a two-hundred day moving average price of $51.92.

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.