Nintendo (OTCMKTS:NTDOY) Hits New 52-Week High – Still a Buy?

Nintendo Co., Ltd. (OTCMKTS:NTDOYGet Free Report) reached a new 52-week high on Friday . The company traded as high as $15.77 and last traded at $15.64, with a volume of 3340213 shares traded. The stock had previously closed at $15.23.

Analyst Ratings Changes

Several analysts recently issued reports on the company. TD Cowen started coverage on Nintendo in a report on Monday, October 7th. They set a “buy” rating for the company. Wolfe Research raised Nintendo to a “hold” rating in a research note on Sunday, September 22nd.

Check Out Our Latest Research Report on Nintendo

Nintendo Trading Down 5.3 %

The firm’s 50-day moving average is $14.40 and its two-hundred day moving average is $13.77.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Appleton Partners Inc. MA boosted its holdings in Nintendo by 0.6% in the third quarter. Appleton Partners Inc. MA now owns 133,225 shares of the company’s stock worth $1,775,000 after purchasing an additional 780 shares in the last quarter. GAMMA Investing LLC increased its holdings in shares of Nintendo by 53.4% during the 4th quarter. GAMMA Investing LLC now owns 12,948 shares of the company’s stock valued at $189,000 after acquiring an additional 4,509 shares during the last quarter. ORG Wealth Partners LLC acquired a new position in shares of Nintendo during the 3rd quarter valued at about $99,000. Diversified Trust Co bought a new position in shares of Nintendo in the 4th quarter valued at approximately $182,000. Finally, Fulton Bank N.A. acquired a new stake in Nintendo in the 4th quarter worth approximately $200,000. Institutional investors own 0.02% 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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