The Goldman Sachs Group started coverage on shares of Square Enix (OTCMKTS:SQNXF – Get Rating) in a report published on Wednesday morning, The Fly reports. The firm issued a buy rating on the stock.

Square Enix Stock Performance

OTCMKTS:SQNXF opened at $44.06 on Wednesday. Square Enix has a 12 month low of $38.42 and a 12 month high of $63.56. The company's 50-day moving average price is $45.03 and its two-hundred day moving average price is $45.11.

Square Enix (OTCMKTS:SQNXF – Get Rating) last released its quarterly earnings results on Thursday, August 4th. The company reported $1.18 EPS for the quarter. The firm had revenue of $577.97 million for the quarter. Square Enix had a net margin of 15.91% and a return on equity of 20.13%. As a group, analysts forecast that Square Enix will post 2.8 EPS for the current fiscal year.

About Square Enix

Square Enix Holdings Co, Ltd. operates in the content and service businesses in Japan, North America, Europe, and rest of Asia. It operates through four segments: Digital Entertainment, Amusement, Publication, and Merchandising. The company's Digital Entertainment segment plans, develops, distributes, and operates digital entertainment content primarily in the form of games.

Further Reading

• Get a free copy of the StockNews.com research report on Square Enix (SQNXF)
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