Capcom (OTCMKTS:CCOEY) Shares Gap Down – Should You Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY) shares gapped down before the market opened on Wednesday . The stock had previously closed at $11.53, but opened at $11.15. Capcom shares last traded at $11.4940, with a volume of 1,893 shares traded.

Wall Street Analysts Forecast Growth

Separately, UBS Group upgraded shares of 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy”.

Capcom Stock Down 0.1%

The firm has a market cap of $12.28 billion, a price-to-earnings ratio of 23.99 and a beta of 0.72. The stock’s 50 day moving average is $12.54 and its 200 day moving average is $13.77. The company has a quick ratio of 3.93, a current ratio of 5.80 and a debt-to-equity ratio of 0.01.

Capcom (OTCMKTS:CCOEY) last issued its quarterly earnings results on Wednesday, October 29th. The company reported $0.08 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.01. Capcom had a return on equity of 26.74% and a net margin of 31.30%.The firm had revenue of $234.30 million during the quarter, compared to analyst estimates of $257.09 million. Analysts forecast 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.