Square Enix (OTCMKTS:SQNXF) Reaches New 52-Week Low – Here’s Why

Square Enix Holdings Co., Ltd. (OTCMKTS:SQNXF) shares reached a new 52-week low on Wednesday . The stock traded as low as $14.05 and last traded at $14.05, with a volume of 750 shares. The stock had previously closed at $15.95.

Square Enix Trading Down 11.9%

The company’s 50-day moving average price is $15.72 and its two-hundred day moving average price is $17.15. The company has a market cap of $5.07 billion, a P/E ratio of 26.02 and a beta of 0.50.

Square Enix (OTCMKTS:SQNXF) last released its earnings results on Thursday, May 14th. The company reported $0.10 earnings per share for the quarter, topping the consensus estimate of $0.06 by $0.04. The company had revenue of $517.73 million during the quarter, compared to the consensus estimate of $482.68 million.

Square Enix Company Profile

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.