Nintendo (OTCMKTS:NTDOY) Sets New 52-Week High – Should You Buy?

Nintendo Co., Ltd. (OTCMKTS:NTDOY)’s stock price reached a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $18.18 and last traded at $17.98, with a volume of 1714821 shares changing hands. The stock had previously closed at $17.55.

Nintendo Stock Performance

The company has a market capitalization of $93.40 billion, a PE ratio of 39.96 and a beta of 0.45. The company’s fifty day moving average is $15.22 and its 200-day moving average is $14.02.

Nintendo (OTCMKTS:NTDOY) last released its quarterly earnings data on Tuesday, February 4th. The company reported $0.18 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.19 by ($0.01). Nintendo had a net margin of 25.83% and a return on equity of 12.14%. On average, sell-side analysts expect that Nintendo Co., Ltd. will post 0.46 EPS for the current fiscal year.

Institutional Trading of Nintendo

A number of hedge funds have recently bought and sold shares of NTDOY. ORG Wealth Partners LLC acquired a new position in shares of Nintendo in the third quarter valued at about $99,000. GAMMA Investing LLC increased its stake in shares of Nintendo by 53.4% in the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock valued at $189,000 after purchasing an additional 4,509 shares in the last quarter. Diversified Trust Co purchased a new position in shares of Nintendo during the 4th quarter valued at approximately $182,000. Fulton Bank N.A. acquired a new stake in shares of Nintendo in the fourth quarter valued at about $200,000. Finally, Kornitzer Capital Management Inc. KS boosted its stake in Nintendo by 49.8% during the 4th quarter. Kornitzer Capital Management Inc. KS now owns 150,320 shares of the company’s stock worth $2,215,000 after purchasing an additional 50,000 shares during the last quarter. Hedge funds and other institutional investors own 0.02% of the company’s stock.

About Nintendo

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.