Nintendo (OTCMKTS:NTDOY) Sets New 52-Week High – Here’s What Happened

Nintendo Co., Ltd. (OTCMKTS:NTDOY) shares hit a new 52-week high on Wednesday . The stock traded as high as $17.45 and last traded at $17.25, with a volume of 2868759 shares changing hands. The stock had previously closed at $16.44.

Nintendo Price Performance

The company has a market capitalization of $89.61 billion, a P/E ratio of 36.70 and a beta of 0.45. The company has a 50 day moving average of $15.02 and a 200-day moving average of $13.94.

Nintendo (OTCMKTS:NTDOY) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Nintendo had a return on equity of 12.78% and a net margin of 23.37%. Research analysts predict that Nintendo Co., Ltd. will post 0.46 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. ORG Wealth Partners LLC purchased a new position in Nintendo during the third quarter valued at $99,000. Diversified Trust Co bought a new position in Nintendo during the 4th quarter valued at about $182,000. GAMMA Investing LLC boosted its holdings in shares of Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock valued at $189,000 after acquiring an additional 4,509 shares during the last quarter. SVB Wealth LLC bought a new stake in Nintendo in the 4th quarter worth approximately $192,000. Finally, Fulton Bank N.A. bought a new position in Nintendo in the fourth quarter valued at about $200,000. Institutional investors own 0.02% of the company’s stock.

Nintendo Company Profile

Nintendo Co, Ltd., together with its subsidiaries, develops, manufactures, and sells home entertainment products in Japan, the Americas, Europe, and internationally. It also offers video game platforms, playing cards, Karuta, and other products; and handheld and home console hardware systems and related software.