Bandai Namco (OTCMKTS:NCBDY) Releases Earnings Results

Bandai Namco (OTCMKTS:NCBDY) issued its quarterly earnings data on Tuesday. The company reported C$0.24 earnings per share (EPS) for the quarter, Zacks reports. The business had revenue of C$2.51 billion for the quarter, compared to analyst estimates of C$2.29 billion.

Bandai Namco Stock Performance

Bandai Namco stock traded down C$0.18 during midday trading on Thursday, reaching C$21.04. 20,063 shares of the stock traded hands, compared to its average volume of 97,117. The company has a 50-day simple moving average of C$18.81 and a two-hundred day simple moving average of C$14.47. Bandai Namco has a 12-month low of C$10.94 and a 12-month high of C$21.99.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered shares of Bandai Namco from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 3rd. One research analyst has rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Reduce”.

Bandai Namco Company Profile

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.