Capcom (OTCMKTS:CCOEY) Posts Quarterly Earnings Results

Capcom (OTCMKTS:CCOEY) announced its quarterly earnings data on Tuesday. The company reported $0.09 earnings per share for the quarter, Zacks reports. Capcom had a net margin of 32.82% and a return on equity of 27.08%. The firm had revenue of $221.79 million during the quarter, compared to analyst estimates of $223.38 million.

Capcom Stock Down 3.6%

Shares of Capcom stock opened at $12.63 on Thursday. The company has a debt-to-equity ratio of 0.01, a quick ratio of 3.93 and a current ratio of 5.80. Capcom has a 52-week low of $10.42 and a 52-week high of $17.20. The company’s 50 day moving average price is $11.73 and its 200-day moving average price is $13.03. The stock has a market capitalization of $13.46 billion, a price-to-earnings ratio of 26.31 and a beta of 0.70.

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 equities research analyst has rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, Capcom has a consensus rating of “Moderate Buy”.

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.