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

Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped down before the market opened on Thursday . The stock had previously closed at $9.39, but opened at $8.77. Capcom shares last traded at $8.79, with a volume of 11,117 shares changing hands.

Capcom Price Performance

The stock’s 50 day simple moving average is $10.48 and its two-hundred day simple moving average is $11.05. The firm has a market cap of $9.34 billion, a P/E ratio of 20.38 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last posted its earnings results on Wednesday, May 13th. The company reported $0.12 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 the consensus estimate of $439.00 million. Capcom had a return on equity of 22.28% and a net margin of 28.16%. Equities research analysts anticipate that Capcom Co., Ltd. will post 0.47 earnings per share for the current 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.