Nintendo (OTCMKTS:NTDOY) Hits New 1-Year High at $14.75

Shares of Nintendo Co., Ltd. (OTCMKTS:NTDOYGet Free Report) hit a new 52-week high during trading on Monday . The stock traded as high as $14.75 and last traded at $14.47, with a volume of 4033720 shares trading hands. The stock had previously closed at $14.58.

Analyst Ratings Changes

Several research analysts have recently issued reports on the company. Moffett Nathanson initiated coverage on Nintendo in a research report on Wednesday, December 6th. They issued a “buy” rating on the stock. Sanford C. Bernstein upgraded Nintendo from a “market perform” rating to an “outperform” rating in a research report on Monday, January 8th. Finally, Wolfe Research assumed coverage on shares of Nintendo in a research report on Tuesday, December 12th. They issued a “peer perform” rating on the stock. Two analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. According to MarketBeat.com, Nintendo currently has a consensus rating of “Moderate Buy”.

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Nintendo Stock Down 0.8 %

The stock has a market capitalization of $75.17 billion, a P/E ratio of 19.44 and a beta of 0.39. The company has a fifty day simple moving average of $12.96 and a two-hundred day simple moving average of $11.53.

Hedge Funds Weigh In On Nintendo

Institutional investors have recently modified their holdings of the business. PNC Financial Services Group Inc. raised its holdings in Nintendo by 189.6% during the 3rd quarter. PNC Financial Services Group Inc. now owns 5,554 shares of the company’s stock worth $57,000 after buying an additional 3,636 shares during the period. Vestor Capital LLC bought a new stake in Nintendo in the 2nd quarter valued at $59,000. GAMMA Investing LLC acquired a new position in Nintendo in the 4th quarter worth $90,000. Fulton Bank N.A. bought a new position in Nintendo during the 4th quarter worth about $158,000. Finally, SVB Wealth LLC raised its stake in shares of Nintendo by 32.3% in the 4th quarter. SVB Wealth LLC now owns 13,692 shares of the company’s stock valued at $178,000 after purchasing an additional 3,344 shares during the period. Institutional investors own 0.05% of the company’s stock.

Nintendo Company Profile

(Get Free Report)

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.

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