Capcom (OTCMKTS:CCOEY) Sees Strong Trading Volume – Still a Buy?

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares saw unusually-strong trading volume on Friday . Approximately 428,680 shares were traded during mid-day trading, an increase of 222% from the previous session’s volume of 133,052 shares.The stock last traded at $11.90 and had previously closed at $11.0184.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Capcom to a “hold” rating in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy”.

Capcom Stock Up 7.1%

The company has a market cap of $12.58 billion, a price-to-earnings ratio of 24.58 and a beta of 0.70. The business has a fifty day moving average of $11.72 and a two-hundred day moving average of $13.07. The company has a current ratio of 5.80, a quick ratio of 3.93 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings data on Wednesday, October 29th. The company reported $0.08 EPS for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $234.30 million for the quarter, compared to analyst estimates of $257.09 million. Capcom had a return on equity of 26.74% and a net margin of 31.30%. As a group, equities analysts anticipate that Capcom Co., Ltd. will post 0.4 EPS for the current fiscal 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.