Capcom (OTCMKTS:CCOEY) Sets New 12-Month High – Time to Buy?

Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report)’s stock price hit a new 52-week high on Friday. The stock traded as high as $14.67 and last traded at $14.67, with a volume of 23,832 shares traded. The stock had previously closed at $14.24.

Wall Street Analysts Forecast Growth

Separately, Nomura cut Capcom from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 7th. Two research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the stock has an average rating of “Hold”.

View Our Latest Stock Analysis on CCOEY

Capcom Trading Up 1.5%

The business’s 50 day moving average price is $13.62 and its two-hundred day moving average price is $11.44. The company has a market capitalization of $15.41 billion, a price-to-earnings ratio of 28.35 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY – Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.05. Capcom had a net margin of 30.13% and a return on equity of 24.90%. The firm had revenue of $429.66 million during the quarter, compared to analyst estimates of $363.65 million. Analysts expect that Capcom Co., Ltd. will post 0.48 EPS for the current year.

About Capcom

(Get Free Report)

Capcom Co, Ltd. is a Japan-based entertainment company that develops, publishes and distributes video games and related digital content. The company’s products are available across console, personal computer, mobile and arcade platforms, and it also operates businesses connected with arcade equipment and amusement facilities.

Founded in 1979 and headquartered in Osaka, Japan, Capcom is known for internationally recognized franchises including Resident Evil, Monster Hunter, Street Fighter, Devil May Cry, Mega Man and Ace Attorney.

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