The price of NTDOY is one-eighth of that of NTDOF. As a result, it commands a higher volume of trading. However, it is worth noting that NTDOF has an excellent price growth rating and is a long-standing veteran in the industry. In this article, we’ll compare the two shares to help you decide which to buy.
NTDOY is one-eighth of a Nintendo share
If you are interested in Nintendo stock, you’re in luck. The company is coming off of its best financial year in history, and is expected to generate revenue of $20.4 billion in fiscal year 2020. Nintendo also expects to ship more than 15 million Switch consoles by March 2018, a figure that will likely boost NTDOY by 60%. This company’s profit margins are also improving, with the quarterly results up more than 20%.
Liquidity is another important factor. The higher the volume of ADRs, the smaller the spread between the bid and ask prices. In general, NTDOY commands a higher trading volume than NTDOF, with hundreds of thousands of shares traded daily. However, the smaller the number of shares traded per day, the more volatile the price movements. Hence, it is best to use the volume of NTDOY as your benchmark for the Nintendo share price.