Zacks Research cut shares of Bandai Namco (OTCMKTS:NCBDY – Free Report) from a strong-buy rating to a hold rating in a research report sent to investors on Tuesday morning,Zacks reports.
Bandai Namco Stock Performance
Shares of OTCMKTS:NCBDY opened at C$20.04 on Tuesday. The firm has a fifty day moving average price of C$18.48 and a 200 day moving average price of C$14.27. Bandai Namco has a fifty-two week low of C$10.94 and a fifty-two week 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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