Capcom (OTCMKTS:CCOEY) Share Price Crosses Below 200 Day Moving Average – Here’s Why

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report)’s stock price crossed below its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $12.43 and traded as low as $11.45. Capcom shares last traded at $11.70, with a volume of 365,073 shares.

Wall Street Analyst Weigh In

Separately, UBS Group raised Capcom to a “hold” rating in a research report on Wednesday, November 5th. One equities research analyst has rated the stock with a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

View Our Latest Stock Analysis on Capcom

Capcom Stock Performance

The company has a current ratio of 8.64, a quick ratio of 5.21 and a debt-to-equity ratio of 0.01. The company has a market capitalization of $12.47 billion, a price-to-earnings ratio of 22.94 and a beta of 0.73. The stock’s fifty day simple moving average is $11.20 and its 200-day simple moving average is $12.43.

Capcom (OTCMKTS:CCOEYGet Free Report) last posted its quarterly earnings results on Tuesday, January 27th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.07 by $0.02. The business had revenue of $221.79 million during the quarter, compared to the consensus estimate of $223.38 million. Capcom had a net margin of 32.82% and a return on equity of 26.93%. Analysts predict that Capcom Co., Ltd. will post 0.4 EPS for the current year.

Capcom Company Profile

(Get Free Report)

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.

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