Square Enix (OTCMKTS:SQNXF) Shares Gap Up – Here’s Why

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) shares gapped up prior to trading on Friday . The stock had previously closed at $15.9750, but opened at $18.22. Square Enix shares last traded at $18.22, with a volume of 117 shares changing hands.

Square Enix Stock Up 14.1%

The stock has a market capitalization of $6.57 billion, a PE ratio of 33.74 and a beta of 0.50. The stock’s 50-day moving average is $15.62 and its 200 day moving average is $15.96.

Square Enix (OTCMKTS:SQNXF) last posted its quarterly earnings results on Monday, August 10th. The company reported $0.23 earnings per share for the quarter, topping analysts’ consensus estimates of $0.13 by $0.10. The company had revenue of $492.09 million during the quarter, compared to analyst estimates of $412.01 million.

About Square Enix

Square Enix Holdings Co, Ltd., trading in the U.S. over-the-counter as SQNXF, is a Tokyo-based entertainment company widely recognized for its development and publishing of interactive digital entertainment. Formed in 2003 through the merger of Square Co, Ltd. and Enix Corporation, the company has built a reputation for producing narrative-driven role-playing game (RPG) franchises. Its flagship series include Final Fantasy, Dragon Quest and Kingdom Hearts, each of which has generated critical acclaim, spin-off media and merchandising opportunities around the world.

The company’s core business activities span the creation, marketing and distribution of video game software across console, PC and mobile platforms.