DeNA Co., Ltd. (OTCMKTS:DNACF) was the recipient of a large decrease in short interest in August. As of August 31st, there was short interest totalling 90,700 shares, a decrease of 42.6% from the August 15th total of 158,000 shares. Based on an average daily trading volume, of 300 shares, the short-interest ratio is presently 302.3 days.
Separately, Zacks Investment Research raised shares of DeNA from a “hold” rating to a “strong-buy” rating and set a $20.00 price target for the company in a research report on Friday, September 10th.
DNACF remained flat at $$19.63 during trading on Friday. The company has a market capitalization of $2.40 billion, a P/E ratio of 8.57 and a beta of 0.59. The firm’s fifty day simple moving average is $18.68 and its two-hundred day simple moving average is $19.15. DeNA has a twelve month low of $16.99 and a twelve month high of $21.26. The company has a quick ratio of 3.17, a current ratio of 3.17 and a debt-to-equity ratio of 0.09.
DeNA Co, Ltd. engages in the development and operation of mobile and online services including games, e-commerce and entertainment content distribution. It operates through the following segments: Games, Electronic Commerce (EC), Sports, Automotive, Healthcare, and New Businesses and Others. The Games segment offers mobile games such as DeNA games, mobage, and AndApp.
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