Bandai Namco (OTCMKTS:NCBDY) Stock Price Up 4.4% – Here’s Why

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY – Get Free Report)’s stock price was up 4.4% on Friday. The company traded as high as C$18.20 and last traded at C$18.20. 1,459 shares were traded during mid-day trading, a decline of 98% from the average daily volume of 96,353 shares. The stock had previously closed at C$17.43.

Analysts Set New Price Targets

Separately, Zacks Research raised shares of Bandai Namco to a “hold” rating in a report on Thursday, May 28th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Reduce”.

Read Our Latest Stock Report on Bandai Namco

Bandai Namco Trading Up 2.7%

The business’s fifty day simple moving average is C$16.32 and its 200 day simple moving average is C$13.54.

About Bandai Namco

(Get Free Report)

Bandai Namco Holdings Inc is a Japanese entertainment company that develops and distributes products and experiences based on original and licensed intellectual properties. Its businesses span toys and hobby products, video games, arcade entertainment, amusement facilities, anime, music and other visual entertainment content.

Through its toys and hobby operations, the company offers character merchandise, collectibles, model kits and trading cards. Its digital business develops and publishes console, PC and mobile games, while its amusement operations provide arcade games, machines and entertainment venues.

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