Capcom Co., Ltd. to Post FY2023 Earnings of $0.74 Per Share, Jefferies Financial Group Forecasts (OTCMKTS:CCOEY)

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Rating) – Equities research analysts at Jefferies Financial Group lowered their FY2023 EPS estimates for Capcom in a report released on Thursday, May 12th. Jefferies Financial Group analyst A. Goyal now anticipates that the company will earn $0.74 per share for the year, down from their previous forecast of $0.75.

Separately, Zacks Investment Research raised Capcom from a “sell” rating to a “hold” rating in a research note on Tuesday.

Shares of OTCMKTS CCOEY traded up $0.32 during midday trading on Friday, hitting $13.43. The stock had a trading volume of 2,985 shares, compared to its average volume of 6,264. The company’s 50-day simple moving average is $12.38 and its 200 day simple moving average is $12.35. Capcom has a fifty-two week low of $10.60 and a fifty-two week high of $16.47. The company has a quick ratio of 4.25, a current ratio of 5.32 and a debt-to-equity ratio of 0.03.

About Capcom (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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