Capcom Co., Ltd. (OTCMKTS:CCOEY – Get Free Report)’s stock price dropped 5% on Friday . The stock traded as low as $9.80 and last traded at $9.80. Approximately 8,971 shares traded hands during mid-day trading, a decline of 95% from the average daily volume of 177,371 shares. The stock had previously closed at $10.32.
Analysts Set New Price Targets
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 given a Hold rating to the stock. Based on data from MarketBeat.com, Capcom currently has a consensus rating of “Moderate Buy”.
Get Our Latest Stock Analysis on CCOEY
Capcom Stock Down 0.7%
Capcom (OTCMKTS:CCOEY – Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.02. Capcom had a return on equity of 27.08% and a net margin of 32.82%.The firm had revenue of $221.79 million during the quarter, compared to analyst estimates of $223.38 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.
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