Capcom (OTCMKTS:CCOEY) Shares Gap Up – Time to Buy?

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s stock price gapped up prior to trading on Wednesday . The stock had previously closed at $10.04, but opened at $10.64. Capcom shares last traded at $10.42, with a volume of 10,763 shares trading hands.

Analyst Ratings Changes

Separately, UBS Group raised Capcom to a “hold” rating in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy”.

Capcom Stock Up 4.8%

The company has a market cap of $11.21 billion, a price-to-earnings ratio of 20.63 and a beta of 0.71. The company has a debt-to-equity ratio of 0.01, a current ratio of 8.64 and a quick ratio of 5.21. The firm has a 50-day moving average price of $11.22 and a 200 day moving average price of $12.53.

Capcom (OTCMKTS:CCOEY) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.09 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.02. Capcom had a return on equity of 26.93% and a net margin of 32.82%.The business had revenue of $221.79 million during the quarter, compared to the consensus estimate of $223.38 million. Sell-side analysts predict that Capcom Co., Ltd. will post 0.4 EPS 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.