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

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped up before the market opened on Friday . The stock had previously closed at $13.50, but opened at $14.07. Capcom shares last traded at $14.21, with a volume of 10,605 shares.

Analyst Ratings Changes

Separately, Nomura upgraded Capcom to a “buy” rating in a report on Wednesday, June 17th. One equities research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Capcom Stock Performance

The firm has a market cap of $15.23 billion, a P/E ratio of 28.02 and a beta of 0.61. The stock’s 50 day simple moving average is $11.65 and its 200 day simple moving average is $10.76.

Capcom (OTCMKTS:CCOEY) last posted its earnings results on Tuesday, July 28th. The company reported $0.22 earnings per share for the quarter, beating analysts’ consensus estimates of $0.17 by $0.05. Capcom had a return on equity of 24.90% and a net margin of 30.13%.The company had revenue of $429.66 million for the quarter, compared to analyst estimates of $363.65 million. As a group, analysts forecast that Capcom Co., Ltd. will post 0.48 EPS 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.