Capcom (OTCMKTS:CCOEY) Shares Gap Up – Here’s What Happened

Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped up prior to trading on Friday . The stock had previously closed at $9.9256, but opened at $10.45. Capcom shares last traded at $10.4301, with a volume of 1,665 shares changing hands.

Analysts Set New Price Targets

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

Capcom Stock Up 4.4%

The firm has a market capitalization of $11.18 billion, a PE ratio of 24.40 and a beta of 0.64. The business’s fifty day moving average price is $9.59 and its 200 day moving average price is $10.51. The company has a quick ratio of 3.50, a current ratio of 4.59 and a debt-to-equity ratio of 0.01.

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

Capcom Company Profile

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.