Capcom (OTCMKTS:CCOEY) Stock Price Down 7.7% – What’s Next?

Capcom Co., Ltd. (OTCMKTS:CCOEY) was down 7.7% during trading on Tuesday. The company traded as low as $12.36 and last traded at $12.66. 34,563 shares were traded during mid-day trading, a decline of 72% from the average daily volume of 125,674 shares. The stock had previously closed at $13.7090.

Analyst Upgrades and Downgrades

Separately, Nomura lowered Capcom from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 7th. Two investment analysts have rated the stock with a Hold rating. According to data from MarketBeat, the company presently has an average rating of “Hold”.

Capcom Stock Down 7.0%

The firm has a market cap of $13.59 billion, a P/E ratio of 25.00 and a beta of 0.62. The stock’s 50-day moving average is $13.75 and its 200-day moving average is $11.43.

Capcom (OTCMKTS:CCOEY) last announced its quarterly earnings results on Tuesday, October 27th. The company reported $0.10 earnings per share (EPS) for the quarter. Capcom had a net margin of 30.13% and a return on equity of 24.90%. As a group, analysts expect that Capcom Co., Ltd. will post 0.48 EPS for the current fiscal year.

Capcom Company Profile

Capcom Co, Ltd. is a Japanese entertainment company that develops, publishes and distributes interactive video game software for consoles, personal computers and mobile devices. The company also operates arcade and amusement-related businesses and licenses its intellectual property for merchandise, films, television productions and other media.

Capcom’s portfolio includes several internationally recognized franchises, including Resident Evil, Monster Hunter, Street Fighter, Mega Man, Devil May Cry and Ace Attorney.