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

Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped down before the market opened on Monday . The stock had previously closed at $12.17, but opened at $11.20. Capcom shares last traded at $11.20, with a volume of 355 shares.

Analyst Upgrades and Downgrades

Separately, UBS Group raised Capcom to a “hold” rating in a research report on Wednesday, November 5th. One analyst has rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy”.

Capcom Trading Up 0.5%

The company has a quick ratio of 3.93, a current ratio of 5.80 and a debt-to-equity ratio of 0.01. The company has a market cap of $12.29 billion, a P/E ratio of 24.02 and a beta of 0.72. The firm’s 50-day moving average price is $12.92 and its 200-day moving average price is $13.95.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings data on Wednesday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.01. The company had revenue of $234.30 million during the quarter, compared to analyst estimates of $257.09 million. Capcom had a return on equity of 26.74% and a net margin of 31.30%. As a group, equities research analysts expect that Capcom Co., Ltd. will post 0.4 earnings per share for the current fiscal year.

Capcom Company Profile

Capcom Co, Ltd. plans, develops, manufactures, sells, and distributes home video games, online games, mobile games, and arcade games in Japan and internationally. It operates through Digital Contents, Arcade Operations, Amusement Equipments, and Other Businesses segments. The Digital Contents segment develops and sells digital game content for consumer home video game platforms, as well as mobile content and PC online games.