Capcom (OTCMKTS:CCOEY) Shares Gap Up – Time to Buy?

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped up prior to trading on Monday . The stock had previously closed at $12.39, but opened at $13.20. Capcom shares last traded at $13.20, with a volume of 497 shares traded.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a research report on Wednesday, June 17th. One research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat.com, Capcom currently has a consensus rating of “Moderate Buy”.

Capcom Stock Up 1.2%

The firm has a market cap of $14.15 billion, a PE ratio of 26.03 and a beta of 0.61. The company has a 50-day simple moving average of $10.05 and a 200-day simple moving average of $10.50. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.59 and a quick ratio of 3.50.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.05. Capcom had a return on equity of 25.35% and a net margin of 30.13%.The firm had revenue of $429.66 million during the quarter, compared to analyst estimates of $363.65 million. Analysts expect that Capcom Co., Ltd. will post 0.45 earnings per share for the current fiscal 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.