Capcom (OTCMKTS:CCOEY) Stock Price Down 10.5% – Here’s Why

Capcom Co., Ltd. (OTCMKTS:CCOEYGet Free Report) fell 10.5% during trading on Friday . The stock traded as low as $10.46 and last traded at $10.47. 4,502 shares traded hands during trading, a decline of 98% from the average session volume of 197,981 shares. The stock had previously closed at $11.70.

Key Headlines Impacting Capcom

Here are the key news stories impacting Capcom this week:

Capcom Price Performance

The firm’s 50-day moving average is $11.15 and its 200-day moving average is $12.37. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.64 and a quick ratio of 5.21. The company has a market capitalization of $11.20 billion, a P/E ratio of 20.61 and a beta of 0.73.

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

About Capcom

(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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