Square Enix (SQNXF) Upgraded to “Hold” by Zacks Investment Research

Square Enix (OTCMKTS:SQNXF) was upgraded by Zacks Investment Research from a “sell” rating to a “hold” rating in a report released on Thursday.

According to Zacks, “Square Enix Holdings Co., Ltd. engages in the provision of entertainment contents and services. It operating segments consists of Digital Entertainment, Amusement, Publication and Merchandising. Digital Entertainment segment handles the design, development, sale, license sale and operation of digital entertainment contents. Amusement segment provides the design, development, manufacture, sale, and rental of amusement equipment as well as conducts the planning, development and distribution of arcade game machines. Publishing segment provides comic magazines, comics and game related printed books including game strategy books are published by the square enix group. Merchandising segment includes the planning, production, distribution and licensing of derivative products related to the groups original intellectual property as well as third-party IPs. Square Enix Holdings Co., Ltd. is headquartered in Tokyo, Japan. “

Separately, Jefferies Financial Group upgraded Square Enix from a “hold” rating to a “buy” rating in a research note on Tuesday, October 23rd.

Square Enix stock opened at $29.00 on Thursday. The stock has a market cap of $3.56 billion, a price-to-earnings ratio of 14.87, a PEG ratio of 16.63 and a beta of 1.21. Square Enix has a fifty-two week low of $29.00 and a fifty-two week high of $51.00.

Square Enix Company Profile

Square Enix Holdings Co, Ltd. operates in the content and service businesses in Japan, North America, Europe, and rest of Asia. It operates through four segments: Digital Entertainment, Amusement, Publication, and Merchandising. The Digital Entertainment segment plans, develops, distributes, and operates digital entertainment content primarily in the form of games.

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