Capcom (OTCMKTS:CCOEY) Shares Gap Down – Time to Sell?
by Tristan Rich · The Markets DailyCapcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report)’s share price gapped down prior to trading on Friday. The stock had previously closed at $14.70, but opened at $13.7220. Capcom shares last traded at $13.99, with a volume of 2,730 shares traded.
Analyst Ratings Changes
Separately, Nomura cut Capcom from a “buy” rating to a “neutral” rating in a report on Wednesday, October 7th. Two investment analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold”.
Check Out Our Latest Research Report on Capcom
Capcom Stock Performance
The firm has a 50-day moving average of $13.75 and a 200-day moving average of $11.57. The firm has a market capitalization of $14.78 billion, a P/E ratio of 27.18 and a beta of 0.62.
Capcom (OTCMKTS:CCOEY – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. The business had revenue of $429.66 million during the quarter, compared to the consensus estimate of $363.65 million. Capcom had a return on equity of 24.90% and a net margin of 30.13%. On average, research analysts forecast that Capcom Co., Ltd. will post 0.48 EPS for the current fiscal year.
About Capcom
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.