The Goldman Sachs Group Begins Coverage on Square Enix (OTCMKTS:SQNXF)

Investment analysts at The Goldman Sachs Group initiated coverage on shares of Square Enix (OTCMKTS:SQNXFGet Free Report) in a report released on Tuesday. The brokerage set a “sell” rating on the stock.

Square Enix Stock Performance

Square Enix stock opened at $46.13 on Tuesday. The company’s 50 day simple moving average is $43.49 and its 200-day simple moving average is $40.59. Square Enix has a 1 year low of $27.98 and a 1 year high of $49.19. The company has a market capitalization of $5.54 billion, a price-to-earnings ratio of 68.85 and a beta of 0.30.

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

About Square Enix

(Get Free Report)

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.

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