Bandai Namco (OTCMKTS:NCBDY) Hits New 12-Month High – Time to Buy?

Bandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Tuesday. The company traded as high as C$18.95 and last traded at C$18.91, with a volume of 42,347 shares changing hands. The stock had previously closed at C$18.46.

Wall Street Analysts Forecast Growth

Separately, Zacks Research upgraded Bandai Namco from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 5th. One investment analyst has rated the stock with a Strong Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Read Our Latest Stock Report on NCBDY

Bandai Namco Price Performance

The business’s fifty day moving average price is C$17.66 and its two-hundred day moving average price is C$14.06.

Bandai Namco Company Profile

(Get Free Report)

Bandai Namco Holdings Inc is a Japan-based entertainment company that develops and distributes products and services spanning video games, toys, amusement facilities and other forms of popular entertainment. Its businesses are built around creating and extending intellectual property across multiple platforms, including home consoles, personal computers, mobile devices, retail products and location-based attractions.

Through its digital entertainment operations, the company publishes and develops video games based on original and licensed properties.

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