Capcom (OTCMKTS:CCOEY) Reaches New 52-Week Low – Time to Sell?

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s stock price reached a new 52-week low during trading on Wednesday . The company traded as low as $8.70 and last traded at $8.70, with a volume of 92133 shares traded. The stock had previously closed at $9.10.

Capcom Price Performance

The stock’s fifty day simple moving average is $10.35 and its 200-day simple moving average is $10.96. The stock has a market cap of $9.48 billion, a P/E ratio of 20.69 and a beta of 0.62.

Capcom (OTCMKTS:CCOEY) last issued its earnings results on Wednesday, May 13th. The company reported $0.12 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.14 by ($0.02). Capcom had a return on equity of 22.28% and a net margin of 28.16%.The business had revenue of $507.80 million during the quarter, compared to the consensus estimate of $439.00 million. Analysts forecast that Capcom Co., Ltd. will post 0.47 EPS for the current year.

Capcom Company Profile

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.