Capcom (OTCMKTS:CCOEY) Shares Gap Up – Time to Buy?

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s stock price gapped up prior to trading on Thursday . The stock had previously closed at $9.20, but opened at $9.85. Capcom shares last traded at $9.86, with a volume of 109,922 shares changing hands.

Wall Street Analyst Weigh In

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

Capcom Stock Performance

The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.50 and a current ratio of 4.59. The firm’s 50-day moving average price is $9.73 and its two-hundred day moving average price is $10.61. The stock has a market cap of $10.61 billion, a price-to-earnings ratio of 23.14 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last released its quarterly earnings data on Wednesday, May 13th. The company reported $0.12 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by ($0.02). Capcom had a return on equity of 21.84% and a net margin of 28.16%.The firm had revenue of $507.80 million for the quarter, compared to analyst estimates of $439.00 million. On average, analysts expect that Capcom Co., Ltd. will post 0.45 EPS for the current fiscal 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.