Nintendo (OTCMKTS:NTDOY) Hits New 1-Year High – Here’s Why

Shares of Nintendo Co., Ltd. (OTCMKTS:NTDOY) hit a new 52-week high on Tuesday . The stock traded as high as $18.18 and last traded at $17.98, with a volume of 1714821 shares traded. The stock had previously closed at $17.55.

Nintendo Stock Performance

The stock’s 50-day moving average is $15.22 and its two-hundred day moving average is $14.02. The stock has a market cap of $93.40 billion, a PE ratio of 39.96 and a beta of 0.45.

Nintendo (OTCMKTS:NTDOY) last announced 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%. Analysts forecast that Nintendo Co., Ltd. will post 0.46 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of NTDOY. ORG Wealth Partners LLC acquired a new stake in Nintendo during the 3rd quarter worth approximately $99,000. Diversified Trust Co purchased a new stake in shares of Nintendo during the fourth quarter worth approximately $182,000. GAMMA Investing LLC lifted its holdings in shares of Nintendo by 53.4% during the fourth quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock worth $189,000 after purchasing an additional 4,509 shares during the period. SVB Wealth LLC purchased a new position in Nintendo in the 4th quarter valued at $192,000. Finally, Fulton Bank N.A. acquired a new position in Nintendo in the 4th quarter valued at $200,000. 0.02% of the stock is owned by hedge funds and other institutional investors.

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.