Capcom (OTCMKTS:CCOEY) Shares Gap Up – Here’s What Happened

Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $8.80, but opened at $9.10. Capcom shares last traded at $9.10, with a volume of 671 shares.

Analysts Set New Price Targets

Separately, Nomura raised Capcom to a “buy” rating in a research report on Wednesday, June 17th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

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Capcom Price Performance

The firm has a 50-day moving average of $9.91 and a 200-day moving average of $10.69. The company has a debt-to-equity ratio of 0.01, a quick ratio of 5.21 and a current ratio of 4.59. The firm has a market capitalization of $9.70 billion, a P/E ratio of 21.15 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY – Get Free Report) last posted its earnings results on Wednesday, May 13th. The company reported $0.12 EPS for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). Capcom had a return on equity of 21.84% and a net margin of 28.16%.The business had revenue of $507.80 million during the quarter, compared to the consensus estimate of $439.00 million. As a group, analysts predict that Capcom Co., Ltd. will post 0.45 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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