Capcom (OTCMKTS:CCOEY) Sees Strong Trading Volume – Here’s What Happened

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY) saw strong trading volume on Tuesday . 100,009 shares were traded during mid-day trading, an increase of 89% from the previous session’s volume of 52,793 shares.The stock last traded at $11.95 and had previously closed at $12.1940.

Analysts Set New Price Targets

Separately, UBS Group raised shares of Capcom to a “hold” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Capcom Stock Performance

The company has a debt-to-equity ratio of 0.01, a current ratio of 5.54 and a quick ratio of 4.15. The stock has a 50-day moving average price of $13.16 and a 200-day moving average price of $14.07. The company has a market capitalization of $12.51 billion, a price-to-earnings ratio of 24.45 and a beta of 0.72.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings results on Wednesday, October 29th. The company reported $0.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Capcom had a return on equity of 27.58% and a net margin of 31.30%.The business had revenue of $234.30 million for the quarter, compared to analysts’ expectations of $257.09 million. As a group, analysts forecast that Capcom Co., Ltd. will post 0.4 earnings per share for the current year.

Capcom Company Profile

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms, as well as mobile content and PC online games.