DeNA (OTCMKTS:DNACF) Shares Gap Down – Time to Sell?

DeNA Co (OTCMKTS:DNACF)’s share price gapped down before the market opened on Monday . The stock had previously closed at $16.95, but opened at $15.85. DeNA shares last traded at $15.85, with a volume of 25 shares changing hands.

DeNA Price Performance

The firm’s 50-day moving average price is $17.82 and its 200 day moving average price is $17.26. The firm has a market cap of $1.94 billion, a P/E ratio of 13.32 and a beta of -0.26.

DeNA (OTCMKTS:DNACF) last issued its quarterly earnings results on Tuesday, May 12th. The company reported $0.13 EPS for the quarter, missing the consensus estimate of $0.16 by ($0.03). DeNA had a return on equity of 7.33% and a net margin of 13.28%.The company had revenue of $211.92 million for the quarter, compared to the consensus estimate of $208.30 million.

DeNA Company Profile

DeNA Co, Ltd. is a Japan-based company specializing in online and mobile platforms, with a core focus on digital entertainment. Since launching its flagship Mobage mobile gaming network in 2006, DeNA has built a diverse portfolio of game development and publishing services, collaborating with both in-house studios and external partners. The company’s platform offers a range of social games accessible via smartphones and web browsers, supporting global releases as well as titles tailored to its domestic Japanese market.

Beyond gaming, DeNA operates a suite of e-commerce and web-based services that leverage its technology infrastructure and user-network expertise.