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

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report)’s share price gapped up prior to trading on Wednesday . The stock had previously closed at $10.04, but opened at $10.64. Capcom shares last traded at $10.42, with a volume of 10,763 shares changing hands.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded shares of Capcom to a “hold” rating in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

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Capcom Price Performance

The business’s fifty day moving average price is $11.19 and its 200 day moving average price is $12.50. The stock has a market cap of $12.09 billion, a P/E ratio of 22.24 and a beta of 0.71. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.64 and a quick ratio of 5.21.

Capcom (OTCMKTS:CCOEYGet Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Capcom had a net margin of 32.82% and a return on equity of 26.93%. The business had revenue of $221.79 million during the quarter, compared to analyst estimates of $223.38 million. Sell-side analysts forecast that Capcom Co., Ltd. will post 0.4 EPS for the current fiscal year.

Capcom Company Profile

(Get Free Report)

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.

Further Reading

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