Bandai Namco (OTCMKTS:NCBDY) Sets New 1-Year High – Here’s What Happened

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY)’s share price reached a new 52-week high during trading on Wednesday. The stock traded as high as C$20.28 and last traded at C$20.28, with a volume of 57,361 shares traded. The stock had previously closed at C$19.65.

Analyst Upgrades and Downgrades

Separately, Zacks Research lowered Bandai Namco from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. One equities research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce”.

Bandai Namco Trading Up 0.1%

The business has a fifty day moving average price of C$18.54 and a two-hundred day moving average price of C$14.31.

About Bandai Namco

Bandai Namco Holdings Inc is a Japanese entertainment company that develops and distributes products and services built around a broad portfolio of intellectual property. Its businesses include toys and hobby products, video games, amusement facilities and machines, visual and music content, and related licensing and merchandising activities.

The company is known for franchises such as PAC-MAN, Tekken, Gundam, Tamagotchi, and its extensive character and animation properties. Through these brands, Bandai Namco produces console, PC, and mobile games; character toys and collectibles; arcade equipment; animation and other media content; and entertainment experiences for consumers of different ages.

Bandai Namco was established as a holding company in 2005 following the integration of Bandai and Namco.