Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report) saw a significant drop in short interest during the month of July. As of July 15th, there was short interest totaling 55,855 shares, a drop of 66.7% from the June 30th total of 167,759 shares. Currently, 0.0% of the company’s shares are short sold. Based on an average daily volume of 312,759 shares, the days-to-cover ratio is currently 0.2 days.
Wall Street Analysts Forecast Growth
Separately, Nomura upgraded 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 assigned a Hold rating to the company’s stock. According to MarketBeat.com, Capcom currently has an average rating of “Moderate Buy”.
Read Our Latest Report on Capcom
Capcom Stock Performance
Capcom (OTCMKTS:CCOEY – Get Free Report) last issued its quarterly earnings data 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 net margin of 28.16% and a return on equity of 21.84%. The company had revenue of $507.80 million for the quarter, compared to analysts’ expectations of $439.00 million. As a group, research analysts expect that Capcom will post 0.45 earnings per share 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.
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