Capcom (OTCMKTS:CCOEY) Shares Gap Down – Time to Sell?

Shares of Capcom Co., Ltd. (OTCMKTS:CCOEY) gapped down prior to trading on Wednesday . The stock had previously closed at $10.26, but opened at $9.9890. Capcom shares last traded at $10.1050, with a volume of 30,967 shares trading hands.

Wall Street Analysts Forecast Growth

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

Capcom Stock Up 1.3%

The stock has a market capitalization of $10.71 billion, a price-to-earnings ratio of 23.37 and a beta of 0.64. The firm’s fifty day moving average is $9.59 and its 200-day moving average is $10.51. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.59 and a quick ratio of 3.50.

Capcom (OTCMKTS:CCOEY) last announced its quarterly earnings data 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). Capcom had a return on equity of 21.84% and a net margin of 28.16%.The company had revenue of $507.80 million for the quarter, compared to analyst estimates of $439.00 million. On average, sell-side analysts predict 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.