Capcom (OTCMKTS:CCOEY) Announces Earnings Results

Capcom (OTCMKTS:CCOEY) issued its quarterly earnings data on Tuesday. The company reported $0.09 earnings per share for the quarter, Zacks reports. The firm had revenue of $221.79 million for the quarter, compared to analyst estimates of $223.38 million. Capcom had a return on equity of 26.74% and a net margin of 31.30%.

Capcom Price Performance

Shares of OTCMKTS:CCOEY opened at $13.08 on Wednesday. The firm’s 50 day moving average price is $11.72 and its 200-day moving average price is $13.03. The company has a quick ratio of 3.93, a current ratio of 5.80 and a debt-to-equity ratio of 0.01. Capcom has a twelve month low of $10.42 and a twelve month high of $17.20. The stock has a market capitalization of $13.94 billion, a PE ratio of 27.24 and a beta of 0.70.

Analyst Ratings Changes

Separately, UBS Group upgraded Capcom to a “hold” rating in a 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 company. According to data from MarketBeat, Capcom currently has an average rating of “Moderate Buy”.

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.