Bandai Namco (OTCMKTS:NCBDY – Get Free Report) was downgraded by investment analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a note issued to investors on Tuesday, Zacks reports.
Bandai Namco Stock Performance
Bandai Namco stock opened at C$20.04 on Tuesday. The company has a 50-day moving average price of C$18.48 and a 200 day moving average price of C$14.27. Bandai Namco has a 12-month low of C$10.94 and a 12-month high of C$20.28.
About Bandai Namco
Bandai Namco Holdings Inc is a Japanese entertainment company that develops and distributes products and services built around a broad portfolio of intellectual property. Its businesses include toys and hobby products, video games, amusement facilities and machines, visual and music content, and related licensing and merchandising activities.
The company is known for franchises such as PAC-MAN, Tekken, Gundam, Tamagotchi, and its extensive character and animation properties. Through these brands, Bandai Namco produces console, PC, and mobile games; character toys and collectibles; arcade equipment; animation and other media content; and entertainment experiences for consumers of different ages.
Bandai Namco was established as a holding company in 2005 following the integration of Bandai and Namco.
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