Capcom (OTCMKTS:CCOEY) Shares Gap Down – Here’s What Happened

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped down prior to trading on Friday . The stock had previously closed at $15.19, but opened at $14.52. Capcom shares last traded at $14.52, with a volume of 543 shares.

Wall Street Analyst Weigh In

Separately, The Goldman Sachs Group assumed coverage on Capcom in a report on Tuesday, March 25th. They issued a “buy” rating on the stock.

Capcom Trading Down 5.1%

The company has a market capitalization of $15.36 billion, a price-to-earnings ratio of 37.92 and a beta of 0.71. The company has a fifty day moving average of $15.15 and a 200-day moving average of $13.20. The company has a current ratio of 3.77, a quick ratio of 2.99 and a debt-to-equity ratio of 0.03.

Capcom (OTCMKTS:CCOEY) last released its quarterly earnings results on Tuesday, May 13th. The company reported $0.20 EPS for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.01). Capcom had a return on equity of 23.33% and a net margin of 28.51%. The company had revenue of $546.15 million for the quarter, compared to the consensus estimate of $595.99 million. As a group, equities research analysts anticipate that Capcom Co., Ltd. will post 0.4 earnings per share for the current fiscal year.

About Capcom

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