Capcom (OTCMKTS:CCOEY) Stock Passes Below Two Hundred Day Moving Average – What’s Next?

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares passed below its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $14.19 and traded as low as $12.30. Capcom shares last traded at $12.55, with a volume of 102,600 shares.

Analyst Upgrades and Downgrades

Separately, UBS Group upgraded Capcom to a “hold” rating in a research report on Wednesday, November 5th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, Capcom has a consensus rating of “Moderate Buy”.

Capcom Price Performance

The company has a market cap of $13.38 billion, a PE ratio of 26.15 and a beta of 0.65. The company’s 50-day simple moving average is $13.47 and its 200 day simple moving average is $14.19. The company has a debt-to-equity ratio of 0.01, a quick ratio of 4.15 and a current ratio of 5.54.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.01. Capcom had a return on equity of 27.58% and a net margin of 31.30%.The company had revenue of $234.30 million for the quarter, compared to the consensus estimate of $257.09 million. On average, sell-side analysts predict 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.