Capcom (OTCMKTS:CCOEY) Shares Gap Down – Time to Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s stock price gapped down prior to trading on Wednesday . The stock had previously closed at $11.53, but opened at $11.15. Capcom shares last traded at $11.4940, with a volume of 1,893 shares changing hands.

Analyst Ratings Changes

Separately, UBS Group raised shares of 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 issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Capcom Trading Down 0.3%

The company has a quick ratio of 3.93, a current ratio of 5.80 and a debt-to-equity ratio of 0.01. The business’s fifty day simple moving average is $12.45 and its two-hundred day simple moving average is $13.74. The company has a market cap of $12.25 billion, a price-to-earnings ratio of 23.94 and a beta of 0.72.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Wednesday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The business had revenue of $234.30 million during the quarter, compared to analysts’ expectations of $257.09 million. Capcom had a net margin of 31.30% and a return on equity of 26.74%. On average, equities analysts predict that Capcom Co., Ltd. will post 0.4 EPS for the current year.

About Capcom

Capcom Co, Ltd. is a Japanese video game developer and publisher headquartered in Osaka. Founded in 1979 by Kenzo Tsujimoto, the company has grown into a leading global entertainment brand, creating interactive software and associated licensing businesses. Capcom operates through a network of subsidiaries and distribution partners across North America, Europe and Asia, serving both console and PC markets as well as the expanding digital download sector.

The core of Capcom’s business lies in the development, publishing and licensing of video game titles.