Capcom (OTCMKTS:CCOEY) Shares Gap Up – What’s Next?

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s stock price gapped up before the market opened on Friday. The stock had previously closed at $11.94, but opened at $12.5495. Capcom shares last traded at $12.61, with a volume of 13,580 shares traded.

Analyst Ratings Changes

Separately, Nomura lowered shares of Capcom from a “buy” rating to a “neutral” rating in a research note on Wednesday, October 7th. Two equities research analysts have rated the stock with a Hold rating. Based on data from MarketBeat.com, the company has an average rating of “Hold”.

Capcom Stock Performance

The firm has a market capitalization of $13.36 billion, a price-to-earnings ratio of 23.64 and a beta of 0.62. The company has a 50 day moving average price of $13.72 and a two-hundred day moving average price of $11.45.

Capcom (OTCMKTS:CCOEY) last announced its earnings results on Tuesday, October 27th. The company reported $0.10 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.12 by ($0.02). The business had revenue of $319.98 million for the quarter, compared to analyst estimates of $315.41 million. Capcom had a return on equity of 25.64% and a net margin of 29.80%. On average, equities analysts expect that Capcom Co., Ltd. will post 0.48 earnings per share for the current fiscal year.

About Capcom

Capcom Co, Ltd. is a Japanese entertainment company that develops, publishes and distributes interactive video game software for consoles, personal computers and mobile devices. The company also operates arcade and amusement-related businesses and licenses its intellectual property for merchandise, films, television productions and other media.

Capcom’s portfolio includes several internationally recognized franchises, including Resident Evil, Monster Hunter, Street Fighter, Mega Man, Devil May Cry and Ace Attorney.