Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday following a dissappointing earnings announcement. The company traded as low as $9.58 and last traded at $9.58, with a volume of 10351 shares changing hands. The stock had previously closed at $10.68.
The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). Capcom had a net margin of 32.82% and a return on equity of 26.93%. The business had revenue of $507.80 million during the quarter, compared to analyst estimates of $439.00 million.
Capcom Stock Down 10.3%
The stock has a 50 day simple moving average of $10.86 and a 200 day simple moving average of $11.42. The company has a market cap of $10.21 billion, a price-to-earnings ratio of 18.78 and a beta of 0.67.
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.
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