Nintendo (OTCMKTS:NTDOY) Stock Price Up 0.6% – Still a Buy?

Nintendo Co., Ltd. (OTCMKTS:NTDOY)’s stock price traded up 0.6% on Monday . The company traded as high as $14.77 and last traded at $14.74. 1,302,200 shares changed hands during trading, an increase of 51% from the average session volume of 865,091 shares. The stock had previously closed at $14.65.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. Wolfe Research raised shares of Nintendo to a “hold” rating in a report on Sunday, September 22nd. TD Cowen initiated coverage on Nintendo in a report on Monday, October 7th. They issued a “buy” rating on the stock.

Nintendo Stock Performance

The business’s 50 day simple moving average is $13.34 and its 200-day simple moving average is $13.45.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Appleton Partners Inc. MA increased its stake in shares of Nintendo by 0.6% during the third quarter. Appleton Partners Inc. MA now owns 133,225 shares of the company’s stock valued at $1,775,000 after acquiring an additional 780 shares during the period. O Brien Greene & Co. Inc lifted its position in Nintendo by 2.7% in 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 during the period. Fulton Bank N.A. boosted its stake in Nintendo by 10.7% during the 2nd quarter. Fulton Bank N.A. now owns 12,681 shares of the company’s stock valued at $169,000 after purchasing an additional 1,223 shares in the last quarter. Finally, ORG Wealth Partners LLC acquired a new position in shares of Nintendo during the 3rd quarter valued at $99,000. Institutional investors own 0.02% of the company’s stock.

Nintendo Company Profile

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.