Capcom (OTCMKTS:CCOEY) Shares Gap Down – Should You Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped down prior to trading on Thursday . The stock had previously closed at $9.39, but opened at $8.77. Capcom shares last traded at $8.79, with a volume of 11,117 shares changing hands.

Capcom Stock Up 1.0%

The company’s fifty day moving average is $10.41 and its two-hundred day moving average is $11.01. The firm has a market capitalization of $9.44 billion, a price-to-earnings ratio of 20.60 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last announced its quarterly earnings data on Wednesday, May 13th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.02). Capcom had a net margin of 28.16% and a return on equity of 22.28%. The business had revenue of $507.80 million during the quarter, compared to analyst estimates of $439.00 million. On average, equities research analysts expect that Capcom Co., Ltd. will post 0.47 EPS for the current year.

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.