Capcom (OTCMKTS:CCOEY) Stock Passes Above 50-Day Moving Average – Time to Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report) shares crossed above its 50 day moving average during trading on Monday . The stock has a 50 day moving average of $10.94 and traded as high as $13.45. Capcom shares last traded at $13.16, with a volume of 27,671 shares changing hands.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, Capcom currently has an average rating of “Moderate Buy”.

Get Our Latest Research Report on Capcom

Capcom Price Performance

The firm’s 50-day moving average is $11.02 and its 200-day moving average is $10.61. The company has a market capitalization of $14.22 billion, a PE ratio of 26.16 and a beta of 0.61. The company has a quick ratio of 3.50, a current ratio of 4.59 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEYGet Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. Capcom had a return on equity of 25.35% and a net margin of 30.13%.The business had revenue of $429.66 million for the quarter, compared to the consensus estimate of $363.65 million. Equities analysts predict that Capcom Co., Ltd. will post 0.45 earnings per share 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.

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