Nintendo (OTCMKTS:NTDOY) Reaches New 12-Month High – What’s Next?

Nintendo Co., Ltd. (OTCMKTS:NTDOY) shares reached a new 52-week high during mid-day trading on Tuesday . The company traded as high as $18.93 and last traded at $18.90, with a volume of 4315739 shares trading hands. The stock had previously closed at $18.45.

Nintendo Trading Up 2.4 %

The company has a market capitalization of $98.18 billion, a P/E ratio of 42.00 and a beta of 0.45. The company has a 50 day moving average price of $15.58 and a 200 day moving average price of $14.22.

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

Institutional Investors Weigh In On Nintendo

Several hedge funds have recently bought and sold shares of the stock. Diversified Trust Co bought a new position in shares of Nintendo during the fourth quarter worth approximately $182,000. GAMMA Investing LLC grew its holdings in 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 buying an additional 4,509 shares in the last quarter. SVB Wealth LLC bought a new position in Nintendo during the 4th quarter worth $192,000. Fulton Bank N.A. acquired a new stake in shares of Nintendo during the fourth quarter worth $200,000. Finally, Sterling Capital Management LLC bought a new stake in shares of Nintendo in the fourth quarter valued at about $605,000. 0.02% of the stock is currently owned by institutional investors and hedge funds.

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.