Capcom (OTCMKTS:CCOEY) Upgraded at Zacks Investment Research

Zacks Investment Research upgraded shares of Capcom (OTCMKTS:CCOEYGet Rating) from a sell rating to a hold rating in a research report sent to investors on Thursday morning, Zacks.com reports.

According to Zacks, “CAPCOM CO., LTD. plans, develops, manufactures, sells and distributes consumer video game. Its operating segment consists of Digital Contents, Arcade Operations, Amusement Equipments and Other Businesses segments. Digital Contents segment develops and sells household games and online games and contents for cell phones. Amusement Equipment segment develops, manufactures and sells game machine for store operators. Arcade Operations segment operates Plaza Capcom amusement facilities in commercial complexes as well as hosts various events. Others segment involves the character-related license business and the real estate leasing business. CAPCOM CO., LTD. is headquartered in Osaka, Japan. “

Shares of OTCMKTS CCOEY opened at $12.90 on Thursday. The company has a current ratio of 5.32, a quick ratio of 4.25 and a debt-to-equity ratio of 0.03. Capcom has a fifty-two week low of $10.60 and a fifty-two week high of $16.47. The stock has a fifty day moving average of $12.12 and a 200-day moving average of $12.41.

Capcom (OTCMKTS:CCOEYGet Rating) last issued its earnings results on Wednesday, January 26th. The company reported $0.09 EPS for the quarter. The company had revenue of $159.92 million during the quarter. As a group, sell-side analysts forecast that Capcom will post 0.59 earnings per share for the current fiscal year.

Capcom Company Profile (Get Rating)

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 packaged and digital game content for consumer home video game platforms, as well as mobile content and PC online games.

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