Bandai Namco (OTCMKTS:NCBDY) Shares Gap Up – What’s Next?

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDYGet Free Report)’s stock price gapped up before the market opened on Monday . The stock had previously closed at C$12.39, but opened at C$13.47. Bandai Namco shares last traded at C$13.41, with a volume of 7,969 shares traded.

Analyst Ratings Changes

Several research firms recently commented on NCBDY. The Goldman Sachs Group lowered Bandai Namco from a “strong-buy” rating to a “sell” rating in a research note on Thursday, May 14th. Zacks Research raised Bandai Namco to a “hold” rating in a research note on Thursday, May 28th. One investment analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Bandai Namco has a consensus rating of “Reduce”.

Read Our Latest Report on NCBDY

Bandai Namco Stock Up 6.9%

The stock has a fifty day simple moving average of C$11.85 and a 200 day simple moving average of C$12.40.

About Bandai Namco

(Get Free Report)

Bandai Namco Holdings Inc is a Japanese multinational company specializing in the creation and distribution of entertainment products and services. Formed in 2005 through the merger of Bandai Co, Ltd. and Namco Ltd., the company brings together expertise in toy manufacturing, video game development and publishing, amusement facilities, and digital content. Its diverse portfolio spans physical playthings, interactive software, themed attractions and character licensing.

In its Toys & Hobby segment, Bandai Namco produces collectible models, action figures and playsets, including the popular Gundam plastic model kits and Dragon Ball figurines.

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