Capcom (OTCMKTS:CCOEY) Shares Gap Down – Should You Sell?

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped down before the market opened on Friday . The stock had previously closed at $10.68, but opened at $9.40. Capcom shares last traded at $9.65, with a volume of 2,376 shares changing hands.

Capcom Stock Performance

The company’s 50 day moving average price is $10.83 and its 200-day moving average price is $11.38. The company has a market cap of $10.26 billion, a price-to-earnings ratio of 22.38 and a beta of 0.67.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Wednesday, May 13th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). The company had revenue of $507.80 million during the quarter, compared to analyst estimates of $439.00 million. Capcom had a return on equity of 22.28% and a net margin of 28.16%. As a group, sell-side analysts forecast that Capcom Co., Ltd. will post 0.47 earnings per share 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.