Capcom Co., Ltd. (OTCMKTS:CCOEY) Sees Significant Decrease in Short Interest

Capcom Co., Ltd. (OTCMKTS:CCOEY) was the recipient of a significant decrease in short interest in the month of August. As of August 14th, there was short interest totaling 5,035 shares, a decrease of 94.9% from the July 30th total of 98,806 shares. Approximately 0.0% of the shares of the stock are sold short. Based on an average daily volume of 87,239 shares, the short-interest ratio is presently 0.1 days.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded Capcom to a “buy” rating in a research report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy”.

Capcom Price Performance

OTCMKTS:CCOEY traded up $0.15 during trading hours on Tuesday, reaching $13.31. 26,060 shares of the company’s stock were exchanged, compared to its average volume of 54,732. The company has a market capitalization of $14.19 billion, a P/E ratio of 26.10 and a beta of 0.61. Capcom has a 12 month low of $8.63 and a 12 month high of $14.79. The company has a quick ratio of 3.50, a current ratio of 4.59 and a debt-to-equity ratio of 0.01. The business’s 50-day simple moving average is $11.02 and its two-hundred day simple moving average is $10.61.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.05. Capcom had a return on equity of 25.35% and a net margin of 30.13%.The company had revenue of $429.66 million for the quarter, compared to analysts’ expectations of $363.65 million. Sell-side analysts expect that Capcom will post 0.45 EPS 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.