Capcom (OTCMKTS:CCOEY) Shares Gap Up – Still a Buy?

Capcom Co., Ltd. (OTCMKTS:CCOEY)’s share price gapped up before the market opened on Thursday . The stock had previously closed at $9.20, but opened at $9.85. Capcom shares last traded at $9.86, with a volume of 109,922 shares traded.

Analyst Upgrades and Downgrades

Separately, Nomura upgraded shares of Capcom to a “buy” rating in a report on Wednesday, June 17th. One research analyst has rated the stock with a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy”.

Capcom Stock Performance

The company has a 50 day moving average of $9.69 and a 200-day moving average of $10.60. The stock has a market cap of $10.63 billion, a price-to-earnings ratio of 23.19 and a beta of 0.64. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.50 and a current ratio of 4.59.

Capcom (OTCMKTS:CCOEY) last released its earnings results on Wednesday, May 13th. The company reported $0.12 earnings per share for the quarter, missing the consensus estimate of $0.14 by ($0.02). The firm had revenue of $507.80 million during the quarter, compared to analyst estimates of $439.00 million. Capcom had a net margin of 28.16% and a return on equity of 21.84%. On average, research analysts anticipate that Capcom Co., Ltd. will post 0.45 earnings per share 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.