Zacks Investment Research lowered shares of Konami (OTCMKTS:KNMCY) from a hold rating to a strong sell rating in a research report report published on Thursday.
According to Zacks, “Konami Corporation and its subsidiaries produce and market game software for home video game systems, character products such as playing cards, amusement arcade games, and gaming machines. They also operate health and fitness club facilities, and have a dominant market share in the Japanese market. “
Konami stock opened at $37.84 on Thursday. Konami has a fifty-two week low of $37.66 and a fifty-two week high of $58.28. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.09 and a quick ratio of 2.95. The company has a market capitalization of $5.12 billion, a P/E ratio of 19.01, a P/E/G ratio of 0.61 and a beta of 0.32.
Konami Holdings Corporation, together with its subsidiaries, primarily engages in the digital entertainment business. It operates through four segments: Digital Entertainment, Health & Fitness, Gaming & Systems, and Pachislot & Pachinko Machines. The Digital Entertainment segment manufactures and sells digital content and related products, including mobile games, arcade games, card games, and computer and video games.
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