|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||45.70 - 46.34|
|52 Week Range||24.12 - 46.34|
|PE Ratio (TTM)||32.79|
|Dividend & Yield||0.62 (1.40%)|
|1y Target Est||N/A|
Shares of Nintendo (7974.Japan and NTDOY) rose 4% in U.S. trading to a new high Tuesday on speculation that it could expand digital gaming in China. Nintendo last week announced a deal to make one of China's most popular videogames, a Tencent Holdings (0700.HK and TCEHY) game, available on the Nintendo Switch console this winter, according to The Wall Street Journal. Takashi Mochizuki and Alyssa Abkowitz write: "... Nintendo Co. has had relatively limited business in China ... one of the world's biggest game markets.
Nintendo has had relatively limited business in China. Now a deal with Tencent has investors excited at the prospect that Nintendo’s Switch console and smartphone games could take off in one of the world’s ...
Credit Suisse sees Nintendo almost doubling the number of Switch consoles sold to 130 million units through 2022, up from Wall Street's projected 70 million.