DeNA (OTCMKTS:DNACF) Shares Gap Up – Still a Buy?

DeNA Co (OTCMKTS:DNACF) gapped up prior to trading on Wednesday . The stock had previously closed at $14.90, but opened at $16.4250. DeNA shares last traded at $16.4250, with a volume of 10 shares changing hands.

DeNA Price Performance

The stock has a market cap of $2.01 billion, a price-to-earnings ratio of 6.37 and a beta of -0.23. The business’s fifty day moving average is $15.27 and its two-hundred day moving average is $16.61.

DeNA (OTCMKTS:DNACF) last released its earnings results on Wednesday, August 5th. The company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.41 by $1.68. The company had revenue of $228.53 million for the quarter, compared to analyst estimates of $241.25 million. DeNA had a net margin of 28.40% and a return on equity of 15.19%.

DeNA Company Profile

DeNA Co, Ltd. is a Japan-based company specializing in online and mobile platforms, with a core focus on digital entertainment. Since launching its flagship Mobage mobile gaming network in 2006, DeNA has built a diverse portfolio of game development and publishing services, collaborating with both in-house studios and external partners. The company’s platform offers a range of social games accessible via smartphones and web browsers, supporting global releases as well as titles tailored to its domestic Japanese market.

Beyond gaming, DeNA operates a suite of e-commerce and web-based services that leverage its technology infrastructure and user-network expertise.