Capcom (OTCMKTS:CCOEY) Shares Gap Down – Time to Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped down prior to trading on Thursday. The stock had previously closed at $12.85, but opened at $11.6201. Capcom shares last traded at $12.10, with a volume of 7,580 shares trading hands.

Analyst Upgrades and Downgrades

Separately, Nomura downgraded shares of Capcom from a “buy” rating to a “neutral” rating in a report on Wednesday, October 7th. Two investment analysts have rated the stock with a Hold rating. According to MarketBeat, Capcom has an average rating of “Hold”.

Capcom Price Performance

The firm has a fifty day simple moving average of $13.74 and a 200 day simple moving average of $11.45. The company has a market capitalization of $12.70 billion, a price-to-earnings ratio of 23.35 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last announced its earnings results on Tuesday, October 27th. The company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.02). Capcom had a return on equity of 24.90% and a net margin of 30.13%. The business had revenue of $319.98 million for the quarter, compared to analyst estimates of $315.41 million. Research analysts predict that Capcom Co., Ltd. will post 0.48 EPS for the current 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.