Bandai Namco (OTCMKTS:NCBDY – Get Free Report) was downgraded by analysts at Zacks Research from a “strong-buy” rating to a “hold” rating in a research report issued on Tuesday, Zacks reports.
Bandai Namco Trading Up 2.4%
NCBDY opened at C$20.04 on Tuesday. The firm’s 50 day simple moving average is C$18.48 and its two-hundred day simple moving average is C$14.27. Bandai Namco has a 1-year low of C$10.94 and a 1-year 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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