Capcom (OTCMKTS:CCOEY) Stock Price Passes Below Two Hundred Day Moving Average – Here’s What Happened

Capcom Co., Ltd. (OTCMKTS:CCOEY) crossed below its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $12.58 and traded as low as $10.06. Capcom shares last traded at $10.11, with a volume of 114,196 shares.

Wall Street Analyst Weigh In

Separately, UBS Group raised shares of Capcom to a “hold” rating in a research report on Wednesday, November 5th. 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, the stock presently has a consensus rating of “Moderate Buy”.

Capcom Trading Up 0.4%

The firm has a market capitalization of $10.78 billion, a price-to-earnings ratio of 19.82 and a beta of 0.71. The company has a fifty day moving average price of $11.27 and a 200-day moving average price of $12.58. The company has a current ratio of 8.64, a quick ratio of 5.21 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings data on Tuesday, January 27th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.07 by $0.02. The firm had revenue of $221.79 million for the quarter, compared to analyst estimates of $223.38 million. Capcom had a net margin of 32.82% and a return on equity of 26.93%. On average, equities research analysts predict that Capcom Co., Ltd. will post 0.4 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.