Bandai Namco (OTCMKTS:NCBDY) Shares Gap Down – What’s Next?
by Michael Walen · The Markets DailyBandai Namco Holdings Inc. – Unsponsored ADR (OTCMKTS:NCBDY – Get Free Report) gapped down prior to trading on Monday . The stock had previously closed at C$13.44, but opened at C$12.81. Bandai Namco shares last traded at C$13.31, with a volume of 4,248 shares.
Bandai Namco Price Performance
The company’s 50-day moving average price is C$14.64 and its 200-day moving average price is C$16.02.
About Bandai Namco
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.