Shares of Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY – Get Free Report) gapped up prior to trading on Monday. The stock had previously closed at C$20.30, but opened at C$21.99. Bandai Namco shares last traded at C$21.47, with a volume of 8,342 shares.
Analysts Set New Price Targets
Separately, Zacks Research downgraded shares of Bandai Namco from a “strong-buy” rating to a “hold” rating in a report on Tuesday, November 3rd. One analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce”.
Get Our Latest Stock Report on NCBDY
Bandai Namco Stock Up 5.1%
The stock has a 50 day moving average of C$18.60 and a two-hundred day moving average of C$14.35.
About Bandai Namco
Bandai Namco Holdings Inc is a Japanese entertainment company whose businesses span digital games, toys and hobby products, amusement facilities and machines, and visual and music content. Its products and services draw on a portfolio of original and licensed intellectual properties, including Gundam, Pac-Man, Dragon Ball, and One Piece.
The company was formed in 2005 through the integration of Bandai, known for toys and character products, and Namco, known for arcade games and amusement businesses.
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