Bandai Namco (OTCMKTS:NCBDY) Announces Quarterly Earnings Results

Bandai Namco (OTCMKTS:NCBDY) announced its quarterly earnings data on Tuesday. The company reported C$0.24 earnings per share for the quarter, Zacks reports. The business had revenue of C$2.51 billion during the quarter, compared to the consensus estimate of C$2.29 billion.

Bandai Namco Trading Down 1.2%

OTCMKTS NCBDY traded down C$0.25 during trading hours on Thursday, hitting C$20.97. 25,128 shares of the company were exchanged, compared to its average volume of 97,145. Bandai Namco has a 52 week low of C$10.94 and a 52 week high of C$21.99. The stock has a 50-day moving average price of C$18.81 and a 200 day moving average price of C$14.47.

Wall Street Analyst Weigh In

Separately, Zacks Research downgraded Bandai Namco from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, November 3rd. One equities research analyst has rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce”.

Bandai Namco Company Profile

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.