Capcom (OTCMKTS:CCOEY) Shares Gap Down – Time to Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped down prior to trading on Friday . The stock had previously closed at $10.02, but opened at $9.42. Capcom shares last traded at $9.42, with a volume of 28,622 shares traded.

Capcom Price Performance

The company has a market cap of $10.03 billion, a P/E ratio of 21.88 and a beta of 0.67. The firm’s 50-day moving average is $10.62 and its two-hundred day moving average is $11.14.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings data on Wednesday, May 13th. The company reported $0.12 earnings per share for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). Capcom had a net margin of 28.16% and a return on equity of 22.28%. The firm had revenue of $507.80 million for the quarter, compared to the consensus estimate of $439.00 million. As a group, sell-side analysts expect that Capcom Co., Ltd. will post 0.47 EPS for the current year.

About Capcom

Capcom Co, Ltd. is a Japanese video game developer and publisher headquartered in Osaka. Founded in 1979 by Kenzo Tsujimoto, the company has grown into a leading global entertainment brand, creating interactive software and associated licensing businesses. Capcom operates through a network of subsidiaries and distribution partners across North America, Europe and Asia, serving both console and PC markets as well as the expanding digital download sector.

The core of Capcom’s business lies in the development, publishing and licensing of video game titles.