Shares of Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY – Get Free Report) gapped up before the market opened 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.
Wall Street Analyst Weigh In
Separately, Zacks Research lowered Bandai Namco from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 3rd. One investment analyst has rated the stock with a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce”.
Check Out Our Latest Research Report on Bandai Namco
Bandai Namco Stock Down 0.3%
The business’s 50 day simple moving average is C$18.74 and its 200-day simple moving average is C$14.43.
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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