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

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped up prior to trading on Tuesday. The stock had previously closed at $13.25, but opened at $13.92. Capcom shares last traded at $13.81, with a volume of 4,370 shares.

Analyst Upgrades and Downgrades

Separately, Nomura cut Capcom from a “buy” rating to a “neutral” rating in a research report on Wednesday, October 7th. One research analyst has rated the stock with a Hold rating. According to MarketBeat, the company currently has an average rating of “Hold”.

Capcom Trading Down 0.8%

The company has a market capitalization of $14.56 billion, a P/E ratio of 25.77 and a beta of 0.68. The company’s 50 day moving average is $13.71 and its 200-day moving average is $11.52.

Capcom (OTCMKTS:CCOEY) last posted its quarterly earnings data on Tuesday, October 27th. The company reported $0.10 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 the consensus estimate of $315.41 million. Capcom had a return on equity of 25.64% and a net margin of 29.80%. Analysts predict that Capcom Co., Ltd. will post 0.49 EPS for the current fiscal year.

About Capcom

Capcom Co., Ltd. is a Japanese entertainment company that develops, publishes and distributes video games. Its titles are available on console, PC and mobile platforms, and the company also operates arcade-related businesses and produces amusement equipment. Capcom’s portfolio includes well-known franchises such as Resident Evil, Monster Hunter, Street Fighter, Mega Man and Devil May Cry. The company was established in 1979 and is headquartered in Osaka, Japan. Capcom serves customers around the world through its international sales and distribution operations.